Construction of chain-weighted real GDP employs the technique of a
A) Hilfindahl index.
B) Fisher index.
C) Gini index.
D) Body mass index.
B
You might also like to view...
A reduction in the cost of cable TV subscriptions will ________ the ________ for televisions
A) decrease; supply B) decrease; demand C) increase; supply D) increase; demand E) None of the above is correct.
What kind of investment instrument is an IRA, and when is the income earned from an IRA taxed?
What will be an ideal response?
A union that pursued a policy of restricting entry over time into the union would
A) see real wages hold constant over time at whatever premium they could get initially. B) also have to negotiate to be sure that all the members were able to find jobs. C) generate rising real wages for its membership over time as long as demand for union workers increased over time. D) fail to obtain benefits for their workers in excess of what the workers would get under open markets.
Which one of the following is an example of the circular flow model and shows the interdependence of households and firms?
a. Households demand their resources from the firms in the factor markets and, in turn, supply in the product market the goods and services produced by firms. b. The firms go to the resource market to supply resources that households demand and, in turn, provide households with the goods and services produced for the product markets. c. Households supply their resources to the firms in the factor markets and, in turn, demand in the product market the goods and services produced by the firms. d. The firms in the factor markets pay to households in the form of wages, interest, rent and profit?for resources demanded. e. The circuit is completed when the payments flow from households, through the product markets, and to the firms for the goods and services they demand.