Those who are interested in assessing the relative standard of living of different countries over a given time period are most likely to look at
A. GDP.
B. Percentage change in GDP.
C. Per capita GDP.
D. Population.
Answer: C
Economics
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The first farm organization of importance was
a. the Grangers. b. the Greenback Party. c. the Southern Alliance. d. The Populists.
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In the short run the firm has no more than one fixed input
a. True b. False Indicate whether the statement is true or false
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A tax whose burden, expressed as a percentage of income, falls as income increases is a
A. progressive tax. B. benefits-received tax. C. regressive tax. D. proportional tax.
Economics
You would like to have $50,000 for a new car in six years. If you deposit money today in a bank CD that pays 4% per year, how much must your deposit be?
A. $38,050 B. $39,516 C. $40,323 D. $42,108
Economics