In what year did the technology stock bubble burst?
A. 2000
B. 2006
C. 2007
D. 2008
Answer: A
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The tasks performed by the chef at your favorite restaurant could be categorized as
A) a good. B) an economic good. C) a service or intangible good. D) All of the above are correct.
For panel data, ?it is best if all the years for each cross-sectional observation are adjacent and in chronological order.
Answer the following statement true (T) or false (F)
Exhibit 16-6 Money, investment and product markets
In Exhibit 16-6, if the Fed believes the economy is at AD3, how might it engineer a decline in the price level?
A. By decreasing the money supply, the interest rate falls, investment rises, and aggregate demand falls, causing the price level to fall. B. By decreasing the money supply, the interest rate rises, investment rises, and aggregate demand rises, causing the price level to fall. C. By decreasing the money supply, the interest rate rises, investment falls, and aggregate demand falls, causing the price level to fall. D. By increasing the money supply, the interest rate rises, investment rises, and aggregate demand falls, causing the price level to fall.
Which of the following measures the growth rate of an economy?
A. Real GDP divided by nominal GDP. B. GDP per worker. C. Investment as a percentage of GDP. D. The percentage change in real GDP from one period to another.