Leisure time is ignored when calculating GDP because leisure time
A) does not affect our standard of living.
B) has been declining over time.
C) is not an economic good.
D) is not bought in a market.
E) is not productive.
D
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Refer to the scenario above. Infi Cor
A) $31 billion B) $21 billion C) $12 billion D) $9 billion
Which of the following is not characteristic of successful microfinance organizations:
a. close, continuous contact between borrower and lender b. teams of borrowers who put pressure on each other to repay on time c. relatively small loans for short-term projects d. numerous levels of approval required to ensure that loans are sound e. all of the above characterize successful microfinance organizations
In the United States, government purchases, as a percentage of real GDP, have generally declined since the 2001.
a. true b. false
What will increase short-run aggregate supply?
What will be an ideal response?