When disposable income is 3750, saving is
A. -1000.
B. 0.
C. 1000.
D. 2750.
C. 1000.
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The growth rate of real GDP per person equals the
A) population growth rate plus the growth rate of real GDP. B) change in the economic growth rate divided by the change in the population growth rate. C) the economic growth rate per person divided by the change in the population growth rate. D) growth rate of real GDP minus the growth rate of the population. E) population growth rate plus the growth rate of real GDP then divided by the initial level of real GDP.
A student who just graduated from college but has not found a job would most likely be
A) cyclically unemployed. B) frictionally unemployed. C) seasonally unemployed. D) structurally unemployed.
Modern terrorism overturns the central assumption of the Westphalian system that says only
a. democracies can provide a lasting form of power. b. weapons of mass destruction actually maintain peace. c. states have the military force to create serious security threats. d. economic inequality pits private citizens against one another.
Trade barriers that restrict imports from developing countries tend to be:
A. Highest in the capital goods and technology sectors of those economies B. Lowest in the labor-intensive manufacturing sectors of those economies C. Lowest for those products in which DVCs have a comparative advantage D. Highest for those products in which DVCs have a comparative advantage