In the period 2005–2012, the annual productivity growth rate was approximately _____
a. 1.6 percent per year
b. 3 percent per year
c. 4.2 percent per year
d. 5 percent per year
e. 6 percent per year
a
You might also like to view...
Billy is considering the purchase of a rental house. The house costs $240,000 and it will generate annual revenues of $15,000 and annual expenses of $3,000
Nevertheless, Billy will need to borrow $240,000 at an interest rate of 7% per year in case he decides to make this investment. Should Billy purchase this house? A) No, he will lose money. B) Yes, his profits will be zero. C) No, his profits will be positive but close to zero. D) Yes, he will profit from this investment.
The tit-for-tat strategy is:
A. one in which a player in a repeated game takes the same action that his or her opponent did in the preceding round. B. one in which both players explicitly agree to compete in the first round of a repeated game, and if one of them cooperates, the other will defect. C. not effective in prisoner's dilemma type games. D. All of these statements are true.
Some countries have experienced an extraordinarily high rate of inflation known as _____. This is usually due to governments using money creation as a way to pay for their spending. The revenue the government raises by creating money is called the _____
Fill in the blank(s) with correct word
For which of the following does a consumer have the most options if he or she waits a while after a price change?
a. salt
b. gasoline
c. medical care and hospitalization
d. china, glassware