Currently, the U.S. national income and product accounts (NIPA) use what type of price index to calculate real GDP?
A) Fixed-weight
B) Variable-weight
C) Chain-weight
D) Heavy-weight
C
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Exhibit 36-1 Bond FaceValueof Bond Price ofthe Bond Annual CouponPayment A $1,000 $850 $25 B $1,000 $950 $41 C $1,000 $1,100 $52 D $1,000 $1,100 $32 E $1,000 $1,000 $50 Refer to Exhibit 36-1. The coupon rate for bond A is
A. 2.5 percent. B. 2.9 percent. C. 7.5 percent. D. 0.025 percent.
Which of the following countries has the most economic freedom?
a. Venezuela b. Zimbabwe c. Hong Kong d. Cuba
Figure 8.3 shows a firm's marginal cost, average total cost, and average variable cost curves. At Q = 50, the total variable cost is:
A. $1,200. B. $1,500. C. $2,100. D. $2,800.
In one year the dollar would buy 162 Japanese yen, but ten years later, it would buy only 123 yen. Relative to the yen, the value of the dollar:
A. Increased by about 32 percent B. Decreased by about 24 percent C. Decreased by about 32 percent D. Increased by about 24 percent