Suppose an economy’s real GDP is $125 billion in year 1 and $130 billion in year 2. What is the growth rate of its GDP?
Please provide the best answer for the statement.
[($125 ? $130)/($125)] = .0385. In percentage terms, the growth rate is 3.85%.
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Use the following graph to answer the next question. The graph suggests that the GDP price index during the period shown was generally ________.
A. decreasing B. positive C. constant D. increasing
Which of the following statements is true about cost shifting in hospitals?
a. The positive correlation coefficient between cost-to-payment ratios for various payers indicates that cost shifting is taking place. b. Classic Ramsey pricing can be interpreted in different ways, leading researchers into arguing that if it looks like cost shifting, it probably is cost shifting. c. Regardless of payer mix, hospitals are taking full advantage of their bargaining power with payers who are able to cost shift. d. The ability to cost shift depends on a hospital's payer mix. e. Capacity-constrained medical providers are not able to cost shift.
Which of the following is not considered to be a shadow bank?
A. Money-market mutual funds B. Insurers C. Credit unions D. Brokerages
If there was an adverse technological shock which decreased the demand for labor, then
A) Imports would increase. B) GDP would increase. C) Imports would decrease. D) GDP would decrease.