The population of Alpha totals one million people, 40 percent of whom are employed. Average output per worker in Alpha is $20,000. Real GDP per person in Alpha totals:
A. $12,000.
B. $8,000.
C. $20,000.
D. $50,000.
Answer: B
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What will be an ideal response?
One effect of speculators is to iron out price fluctuations because this is the way they make their profits
a. True b. False Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)