What is most affected by the expected rate or pace of economic growth?
A) investment spending B) government purchases
C) unemployment D) exports
A
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Investment is a(n) ____ and capital is a ____ variable.
A. physical; financial B. stock; flow C. asset; liability D. flow; stock
Which of the following would cause GDP to overstate the growth in economic well-being over the past 50 years?
A. Increase in leisure time B. Increase in the employment of married women C. Decrease in the employment of maids and housekeepers D. All of the choices are true
Which of the following statements is correct?
a. By definition, all natural resources are nonrenewable. b. Market prices give us reason to believe that natural resources are a limit to economic growth. c. An economy must be blessed with ample quantities of natural resources if it is to be a highly productive economy. d. Differences in natural resources can explain some of the differences in standards of living around the world.
Conditional cash transfer programs are programs in which:
A. financial support is given only to people who have paid into the program for a minimum amount of time. B. financial support is given only to people who engage in certain actions. C. financial support is given only to people who agree to pay it back at reduced interest to the government in the future. D. None of these is true.