Which of the following variables is used to measure economic growth?
A) nominal GDP
B) nominal GDP per capita
C) real GDP
D) real GDP per capita
D
You might also like to view...
The strongest point in the case against activism is that
A) so many segments of private aggregate demand are unstable. B) activist policy, even if desirable, is too difficult to perform well enough. C) private aggregate demand is basically stable. D) policy rules for targets have been proven by the record of the Fed in the 1980s and 1990s to be perfectly feasible.
If a depletable resource is selling in a perfectly competitive market, its price will rise by greater and greater dollar amounts each year
a. True b. False Indicate whether the statement is true or false
During the recession of 2007–2008 in the United States, _____
a. the unemployment rate for men was higher than for women b. the unemployment rate for women was higher than for men c. the frictional unemployment rate was very low d. the structural unemployment rate for women was very high
Dumping refers to
A) selling inferior products to unsuspecting consumers. B) selling a product for a price below its cost of production. C) exporting products that do not meet domestic safety standards. D) illegally avoiding tariffs by selling products on the black market.