Nominal gross private domestic investment was $1888.0 billion in 2008 and rose to $2057.4 billion in 2009. The chain-weight price index for gross private domestic investment was 106.6 for 2008 and 110.3 for 2009, where 2005 was the base year
Calculate the percent change in real gross private domestic investment (rounded to the nearest percentage point) from 2008 to 2009. A) 1%
B) 3%
C) 4%
D) 5%
D
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When you duplicate yourself through other people your security is not dependent on your ability to perform.
A. True B. False
Economists believe that people who sit through bad music concerts likely do so because:
A. they do not ignore the sunk cost involved. B. they undervalue the opportunity cost of their time. C. they don't accurately consider what else they could be doing with their time. D. All of these are true.
If planned injections increase by $100 per day and the MPC is four-fifths,
a. the multiplier will be 5. b. total daily spending will ultimately increase by $150. c. the MPS will be $25. d. All of these.
Throughout the developing world, teacher absenteeism
A. has a much smaller impact on education than does student absenteeism. B. is much lower than it is in developed nations. C. is a problem that affects education. D. is virtually unheard of.