Using GDP per capita on a PPP basis, which of the following countries would fall between $3000 and $11,999?
A) Russia
B) India
C) Afghanistan
D) Portugal
Answer: B) India
You might also like to view...
A marginal tax rate is calculated as
A) change in taxes paid ÷ the change in total taxable income. B) change in taxable income ÷ change in taxes paid. C) taxes paid ÷ total taxable income. D) total taxable income ÷ by taxes paid.
Which of the following pairs of portfolios exemplifies the risk-return tradeoff?
a. For Portfolio A, the average return is 6 percent and the standard deviation is 15 percent; for Portfolio B, the average return is 6 percent and the standard deviation is 25 percent. b. For Portfolio A, the average return is 5 percent and the standard deviation is 15 percent; for Portfolio B, the average return is 8 percent and the standard deviation is 15 percent. c. For Portfolio A, the average return is 5 percent and the standard deviation is 25 percent; for Portfolio B, the average return is 8 percent and the standard deviation is 15 percent. d. For Portfolio A, the average return is 5 percent and the standard deviation is 15 percent; for Portfolio B, the average return is 8 percent and the standard deviation is 25 percent.
The money multiplier:
A. Is equal to the required reserve ratio times transactions deposits. B. Gets larger as the required reserve ratio increases. C. Is the reciprocal of the required reserve ratio. D. Represents the lending capacity of an individual bank.
The total annual market value of a nation's final output of goods and services computed at existing prices is called:
A. real GDP. B. aggregate income. C. nominal GDP. D. net national product.