From 1978 to 2003, the economy of ________ grew on average 9 percent per year, a rate faster than any other country in the world.

A. China
B. India
C. Russia
D. the United States


Answer: A

Economics

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An economic ________ refers to either an upturn or a downturn in the economy

A) fluctuation B) stagnation C) model D) chain index

Economics

What is protection as it refers to international trade?

What will be an ideal response?

Economics

The present value of a future payment to be received in three years is $1,000 . If the interest rate is 5%, what is the amount that will be paid in three years?

a. $1,150.00 b. $1,157.63 c. $1,215.51 d. $1,250.00

Economics

Sam is a musician who is out of work because electronic equipment replaced live musicians. This is an example of:

A. frictional unemployment. B. cyclical unemployment. C. structural unemployment. D. involuntary unemployment.

Economics