Which of the following countries had the highest average growth rate for per capita GDP from 2000 to 2009?
A. China.
B. Burundi.
C. Haiti.
D. Canada.
Answer: A
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The transactions demand for money
A) varies directly with nominal Gross Domestic Product (GDP). B) varies inversely with nominal Gross Domestic Product (GDP). C) varies negatively with real nominal Gross Domestic Product (GDP). D) has no relationship with nominal Gross Domestic Product (GDP).
A voting procedure in which voters initially rank alternatives, the alternative with the fewest first-place votes is eliminated and those votes are transferred to each voter's next-favorite choice,
and the process repeats until a winner emerges, is known as the A) Borda-count method. B) Condorcet method. C) instant runoff method. D) plurality-rule method
If the bank is selling euros for $0.89, then what is the implied euro price of the dollar?
A) 2.00 B) 1.99 C) 2.32 D) 1.12
A corporation with “plowback”
A. deliberately earns negative profit on some activities in order to get better tax treatment. B. buys back shares of its stock from shareholders. C. retains some of its earnings for investment. D. issues unsecured stock.