By 2011, which of the following countries had the highest level of real output per capita?
A) United States
B) France
C) Japan
D) United Kingdom
A
You might also like to view...
Credit cards were introduced in 1959. In 2014, the U.S. credit card balance was $880 billion. Which of the following is TRUE?
A) The $880 billion balance is part of M2 but not part of M1. B) The $880 billion balance is part of both M1 and M2. C) Only that portion of the $800 billion actually charged in 2009 is counted in M1 and M2. D) No part of the $880 billion balance is counted in M1 and M2.
When a large, well-known corporation wishes to borrow directly from the public, it can
a. sell bonds. b. sell shares of stock. c. go to a bank for a loan. d. All of the above are correct.
If nominal income increases by 3 percent and real income increases by 4 percent, the price level must:
A. decrease by 7 percent. B. decrease by 1 percent. C. increase by 1 percent. D. increase by 7 percent.
Real economic growth during the first two years of President George W. Bush's second term was
A. higher than real economic growth during the first two years of President Bill Clinton's second term. B. approximately 8.7% per year. C. negative because of the 2001 recession. D. approximately 3.2% per year.