Which one of the following does NOT appear to contribute to economic growth?
A. a system of well-defined property rights
B. knowledge
C. innovation
D. protectionism
Answer: D
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Samantha goes to the grocery store to make her monthly purchase of ginger ale. As she enters the soft drink section, she notices that the price of ginger ale has increased 15 percent, so she decides to buy some peppermint tea instead. To which problem in the construction of the CPI is this situation most relevant?
a. substitution bias b. introduction of new goods c. unmeasured quality change d. income effect
Property and casualty insurers will hold assets of shorter maturities than life insurance companies because:
A. life insurance companies may find they need to get liquid unexpectedly. B. life insurance companies generally take on more risk than property and casualty companies. C. property and casualty insurers can find themselves needing to get liquid unexpectedly. D. shorter maturity assets usually have higher returns.
From 2007 to 2015, the amount of assets owned by the Fed approximately
A. tripled. B. quadrupled. C. quintupled. D. doubled.
Refer to the above table. Nation "A" has a balance of trade
A) deficit of 50. B) surplus of 50. C) deficit of 10. D) surplus of 10.