Refer to Table 19-14. Consider the following data on nominal GDP and real GDP (values are in billions of dollars): The GDP deflator for 2016 equals
A) 92.2. B) 102.6. C) 108.5. D) 109.1.
C
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Illegal immigrants make up about what percent of all construction workers?
A. 17% B. 5% C. 32% D. 53%
When total planned expenditures are more than real GDP, there will be inventory accumulation
a. True b. False Indicate whether the statement is true or false
States in the international arena have the right to cite international law and then take justice into their own hands. This is called
a. blended enforcement. b. self-enforcement. c. diplomatic pressure. d. economic sanction.
When there is a reserve requirement, banks
a. must hold exactly the required quantity of reserves. b. may hold more than, but not less than, the required quantity of reserves. c. may hold less than, but not more than, the required quantity of reserves. d. must seek the Fed's permission whenever they wish to expand or contract their loans to customers.