If e-books begin to be the most popular form of textbooks, it is
A. in the best interests of internet book sellers.
B. likely to be self-defeating for publishers.
C. in the best interests of publishers and authors.
D. likely to increase costs to students.
Answer: C
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The value of U.S. imports is ________.
A. added to exports when calculating GDP, because imports reflect spending by Americans B. subtracted from exports when calculating GDP, because imports do not constitute production in the United States C. subtracted from exports when calculating GDP, because imports do not constitute spending by Americans D. added when calculating GDP, because imports do not constitute production in the United States
What are the different types of price discrimination?
What will be an ideal response?
Labor income in the U.S. equals approximately ________ of GDP.
A. two fifths B. one third C. one half D. two thirds
Number 12. According to the figure, if the economy started at full-employment output, expansionary monetary policy would cause real gross domestic product (GDP) to ______ in the short run.
a. increase from Y1 to Y2 b. increase from Y1 to Y3 c. decrease from Y2 to Y1 d. decrease from Y3 to Y2 e. increase from Y2 to Y3