Countries that have indexed most contracts, wages, and interest rates to inflation have managed to sustain solid levels of economic growth for sustained periods with levels of inflation at ________, which would sound high by recent U.S. standards.
a. 10 percent to 30 percent per year
b. 30 percen to 40 percent per year
c. 5 percent to 10 percent per year
d. 40 percent to 50 percent per year
a. 10 percent to 30 percent per year
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Outline the policy choices for contractionary and expansionary options of the Fed
The marginal revenue that would be derived from producing a fifth unit of output is
A. $18.
B. $16.
C. $14.
D. $12.
Which of the following is an indicator of how much output the average person would get if all output were divided up evenly among the population?
A. Per capita GDP. B. Real GDP. C. GDP. D. Economic growth.
There is no sound, economically-explainable rationale for cities to help sports franchises build facilities.
Answer the following statement true (T) or false (F)