The cyclically adjusted budget deficit calculates the budget surplus or deficit at
A) real GDP.
B) potential GDP.
C) nominal GDP.
D) average GDP.
Answer: B
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When weighing the efficiency of monopolistic competition, which of the following should be considered?
i. The information provided by advertising ii. Product variety iii. The extra cost of excess capacity A) ii only B) i and iii C) ii and iii D) i, ii, and iii E) iii only
Among the causes of an increase in labor demand is ________
A) improved availability and affordability of day care for children B) an increase in enrollment at colleges C) an increase in the college wage premium D) an expansion of economic activity
If a company's market cap is $5,000,000 and the value of all stocks in the index is $100,000,000 . then that company has a weight of _____ of the index
a. 1 percent b. 20 percent c. 5 percent d. 0.5 percent e. 2 percent
Across the globe, exchange rate regimes are:
a. mostly fixed. b. a mix of fixed and floating. c. mostly floating. d. hard to pinpoint.