Productivity levels are higher in rich countries compared to poor countries.

Answer the following statement true (T) or false (F)


True

Economics

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? Refer to Table 4-1. At $4, what is the shortage?

A. 0 B. 1,500 C. 3,000 D. 4,500 E. 6,000

Economics

Assuming that money is neutral, an increase in the nominal money supply would cause

A) an excess supply for goods. B) an increase in the real money supply. C) a fall in the price level. D) a rise in nominal wages.

Economics

What is the equilibrium price?



a. 1 euro = $2.00
b. 2 euro = $1.50
c. 2 euro = $2.00
d. 1 euro = $1.50

Economics

Which of the following is counted as part of M2?

a. Currency b. All of the answers are correct. c. Money market funds d. Checkable deposits at commercial banks

Economics