What is the relationship between living standards and birthrates?
A. The relationship is negative at low levels of income but becomes increasingly positive as
incomes rise.
B. They are unrelated.
C. The relationship is positive (directly related).
D. The relationship is negative (inversely related).
Answer: D
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U.S. real GDP in 2007 was $13.25 trillion and U.S. real GDP in 2008 was $13.31 trillion. What was the economic growth rate of the United States during this period?
A) 18 percent B) -1.36 percent C) 0.45 percent D) 6.9 percent E) $1.8 trillion
Health care costs have been increasing dramatically in the U.S.
A. True B. False C. Uncertain
If at a given exchange rate U.S. citizens wanted to buy more foreign bonds
a. the demand for dollars in the market for foreign-currency exchange would shift right. b. the demand for dollars in the market for foreign-currency exchange would shift left. c. the supply of dollars in the market for foreign-currency exchange shifts right. d. the supply of dollars in the market for foreign-currency exchange shifts left.
The real interest rate is the:
A. the interest rate charged on a loan in dollar terms. B. market interest rate. C. annual percentage increase in the purchasing power of a financial asset. D. annual percentage increase in the nominal value of a financial asset.