If real GDP per capita in the United States is $8,000 in 2016, and if real GDP per capita is $12,000 in 2026, what is the average annual percent change in the growth rate of GDP per capita between 2016 and 2026?
A) 3.33% B) 5% C) 33% D) 50%
B
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Money today
A) is the demand for loanable funds. B) is the supply of loanable funds. C) is only currency inside banks. D) is fiat money. E) in the United States, is only dollar bills and coins.
The process of specialization and exchange allows a producer to become
a. proficient in one or a few areas of production. b. proficient in all areas of production. c. self-sufficient. d. independent.
Realists and economic structuralists contend that the composition of the UN Security Council is an example of which major problem in international law?
a. how laws are ultimately interpreted by the council b. how agreements are made in the first place c. how undesirable norms and values are spread d. how weak or corrupt states are empowered
If the government sells certificates giving the certificate owner permission to emit a particular amount of pollution, and then allows these certificates to be bought and sold at a market price, then the government is using a market-based approach to pollution reduction called
A. command-and-control regulation. B. tradable pollution permits. C. mitigation. D. a carbon tax.