Governments grow because low income individuals cannot use the political process to redistribute income towards themselves.
A. True
B. False
C. Uncertain
B. False
Economics
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Most corporations do not pay back their debt
a. True b. False
Economics
To avoid double counting when GDP is estimated, economists:
(a) Calculate using GDP deflator; (b) Calculate using retail prices; (c) Calculate the value added of production; (d) Calculate using the prices of intermediate goods only.
Economics
As the U.S. price level increases, other things equal, U.S. products become
What will be an ideal response?
Economics
What could cause a decrease in the price level and simultaneously an increase in GDP similar to the 1920s in the United States?
A. an increase in interest rates B. a decrease in interest rates C. a decrease in consumer confidence D. an increase in productivity
Economics