6%-8% economic growth rate is 2% what is nominal rate
What will be an ideal response?
14%
(6 + 8 = 14)
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The demand for Rice Krispies is more elastic than the demand for cereal in general
a. True b. False Indicate whether the statement is true or false
Which of the following is not a factor that can shift the short-run aggregate supply curve?
A) changes in the wage rate B) changes in the price of non-labor inputs such as oil C) changes in labor productivity D) a severe drought which extensively damages grain crops E) none of the above
Answer the question on the basis of the following information: Only three goods are produced in an economy in the following amounts: A = 10, B = 30, C = 5. The current year per unit prices of these three goods are A = $2, B = $3, and C = $1. Refer to the above information. If the per unit prices of the three goods each were $1 in a base year used to construct a GDP price index, then real GDP in the current year is:
a) $110. b) $115. c) $45. d) $160.
You turn to the bond market page of a newspaper and look under the column headed "Bonds" and see that it says, "Gemco 5 3/4 13" this indicates that
A) the coupon rate on this bond is 5.75 percent. B) this bond will mature 13 years from the date that it was first issued. C) the current yield on this bond is 5.75 percent. D) a and b E) all of the above