The table above gives information about the economy of France. The growth rate of real GDP per person in 1998 is ________ percent
A) 0.4 B) 3.1 C) 1.9 D) 3.6 E) 4.0
D
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The most common definition that monetary policymakers use for price stability is
A) low and stable deflation. B) an inflation rate of zero percent. C) high and stable inflation. D) low and stable inflation.
Which of the following numbers is not associated with shares of a company's stock?
a. term b. dividend c. price d. price-earnings ratio
Figure 9-7 shows cost curves for Penny’s Parasols, a perfectly competitive firm. At which of the points would Penny’s Parasols be certain to close down?
a.
A
b.
B
c.
C
d.
D
e.
E
Suppose the productivity of labor increases and at the same time the price of capital, which is complementary to labor, increases. As a result, the demand for labor:
A. will increase. B. will decrease. C. may either increase or decrease. D. will not change.