Throughout the period from 1996 to 2010, U.S. Real GDP growth has been
a. constant.
b. declining.
c. steadily increasing.
d. fluctuating.
d
You might also like to view...
XYZ Gadget Company is currently considering which investment projects it should undertake. The following list of projects along with the estimated rate of return of each project is presented to the executive management team:Project A (8.5%)Project B (7%)Project C (6%)Project D (11%)Project E (5.5%)The current interest rate in the loanable funds market is 5%. However, if an increase in government borrowing pushes the interest rate to 7.5%, we would expect the company to discontinue investment plans for all but ________ of its planned projects.
A. two B. three C. four D. one
An increase in the tax wedge associated with a given economic activity will decrease the level of that activity
Indicate whether the statement is true or false
Suppose we have the following information about a car manufacturer: car sales $1000M, steal purchases $600M, wages $300M, interest on business loans $50M, and profits $50M. What is its contribution to GDP using the product approach?
A) $1000M B) $600M C) $400M D) $350M
What effect does the number of firms in an oligopoly have on the characteristics of the market?