Suppose that domestic investment in Canada is 10.7% of GDP, and Canadian national savings is 13% of GDP. What is Canada's foreign investment as a percentage of GDP?
A) 1.15% B) 2.3% C) 15.3% D) 23.7%
B
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In part, microeconomics is concerned with the study of
A) unemployment and economic growth. B) the Federal Reserve's policies. C) the effect government regulation has on the price of a product. D) national output of goods and services.
The Fed was founded in 1913 to serve as lender of last resort to bankers during bank runs and panics
Indicate whether the statement is true or false
Which of the following DVC policies is not likely to increase DVC economic growth?
A. Privatizing state industries. B. Controlling population growth. C. Restricting direct foreign investment from abroad. D. Building human capital.
In which basic market would MP3 players be traded?
A. the goods and services market B. the capital market C. the money market D. the labor market