(The following national income data for an economy are in billions of dollars.)
Refer to the above data. Corporate profits are equal to:
A.
$442 billion
B.
$532 billion
C.
$621 billion
D.
$788 billion
D.
$788 billion
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___________ is usually measured by the annual percent change in real output of goods and services per capita
Fill in the blank(s) with the appropriate word(s).
Since 1960, infant mortality rates in the United States have
A) dropped more than 75%. B) dropped by about 20%. C) risen slightly. D) dropped by less than 5%.
________ in the currency drain ________ the money multiplier
A) A decrease; does not change B) An increase; increases C) A decrease; decreases D) An increase; decreases
Rising nominal GDP will increase the demand for money and short-term interest rates
Indicate whether the statement is true or false