Prices of final goods and services in Eduland have increased by 23% between Year 1 and Year 2. If the GDP deflator of Eduland in Year 1 was 100, the GDP deflator of Eduland in Year 2 is ________
A) 50 B) 112 C) 103 D) 123
D
You might also like to view...
Jen and Alica are both U.S. citizens. Jen opens a cafe in France. Alicia buys equipment from a company in Canada to use in her factory. Whose action is an example of U.S. foreign direct investment?
a. Jen's and Alica's b. Jen's but not Alicia's c. Alicia's but not Jen's d. Neither Anthony's nor Tom's.
Which statement is true?
A. Industry Y has a Herfindahl-Hirschman Index of 95.
B. Industry Y has an H-H-I of 100.
C. Industry Y has an H-H-I of 1,000.
D. Industry Y has an H-H-I of 2,738.
A bank run is:
A. the situation that arises from fear that the bank is in danger of running out of money. B. when a bank's reserves are not enough to satisfy all withdrawal demands. C. when all depositors from a single bank demand to withdraw all deposits at once. D. All of these are true.
An effluent fee is an example of
A) a government policy to correct for an external benefit. B) a government policy to promote the production of a product with an external cost. C) a government policy to promote the production of a product with an external benefit. D) a government policy to correct for an external cost.