Which of the following countries had the highest level of output per capita in 1950?
A) United States
B) France
C) Japan
D) United Kingdom
A
Economics
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A. to increase profits. B. only because the government requires them to hold reserves. C. to meet depositor withdrawals and payments. D. to earn interest.
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What is social capital? Give an example
What will be an ideal response?
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According to Edward Denison, during the 1929-1982 period, real output grew at an annual rate of
a. 1.4 percent. b. 0.6 percent. c. 2.9 percent. d. just below 1 percent. e. exactly one-half percent.
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Price elasticity of demand measures the responsiveness of quantity demanded in a market to a change in price
a. True b. False Indicate whether the statement is true or false
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