Using the information in the table above, calculate gross domestic product
A) $118
B) $108
C) $86
D) $78
C
You might also like to view...
The figure above shows Ilene's budget line. If her dog, Muffin, runs away and she adopts another cat, named Sphynx, the budget line shown in the figure will
A) become flatter. B) become steeper. C) shift outward (because cats eat less). D) not move.
The various signaling techniques __________ completely overcome the moral hazard problem in the case of the small borrower, so that small business loans are generally __________-term
A) can; long B) can; short C) cannot; long D) cannot; short
During a period of inflation, are all prices rising? Explain your answer.
What will be an ideal response?
An oil price decrease would
A. increase short-run aggregate supply. B. increase aggregate demand. C. decrease aggregate demand. D. decrease short-run aggregate supply.