During flu season, as people try to boost their immune system believing that orange juice might aid in keeping viruses at bay,
A. the taste for orange juice would fall.
B. the taste for orange juice would remain unchanged.
C. the price of orange juice would fall.
D. the taste for orange juice would rise.
Answer: D
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In the calculation of a country's GDP per capita, the entire population of the country is included, irrespective of age
a. True b. False Indicate whether the statement is true or false
When the government increases its borrowing, the budget _____ increases and government debt _____. The resulting change in investment due to this increased government borrowing is called _____
Fill in the blank(s) with correct word
Jackie saves $100 and receives $106 the next year. During the same year, the price of the basket of goods that she purchases increases from $100 to $104 . What is nominal interest rate on Jackie's saving? What is the real interest rate on Jackie's saving? What was the inflation rate?
The long-run aggregate supply curve would shift left if the amount of labor available
a. increased or Congress made a substantial increase in the minimum wage. b. decreased or Congress abolished the minimum wage. c. increased or Congress abolished the minimum wage. d. decreased or Congress made a substantial increase in the minimum wage.