Jackie, a Canadian citizen, works only in the United States. The value of the output she produces is
a. included in both U.S. GDP and U.S. GNP.
b. included in U.S. GDP, but it is not included in U.S. GNP.
c. included in U.S. GNP, but it is not included in U.S. GDP.
d. included in neither U.S. GDP nor U.S. GNP.
b
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A global network that provides knowledge and resources to developing countries is called the:
A. International Resource Fund. B. World Bank. C. World Trade Organization. D. United Nations Development Program.
The minimum wage, if it is binding, lowers the incomes of
a. no workers. b. only those workers who become unemployed. c. only those workers who have jobs. d. all workers.
A monopolist's profits with price discrimination will be _____ if the firm charged just one price
Fill in the blank(s) with the appropriate word(s).
In the late 1920s, you could buy $10,000 worth of stock by putting down as little as
A. $100. B. $1,000. C. $2,500. D. $5,000.