Gross domestic product is defined as the ____________ value of all final goods and services produced in a nation in a year.
a. past
b. future
c. current
d. historical
c. current
You might also like to view...
If the total assets of a bank equals $50,000 and the total liabilities of the bank equal $20,000, stockholders' equity will equal:
A) $50,000. B) $70,000. C) $30,000. D) $20,000.
No particular stock is a better buy than any other stock if
a. stock prices are driven by investors' "animal spirits.". b. the random-walk theory of stock prices is incorrect. c. the efficient markets hypothesis is correct. d. actively managed mutual funds always outperform index funds.
Money
a. is a perfect store of value. b. is the most liquid asset. c. has intrinsic value, regardless of which form it takes. d. All of the above are correct.
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point A to Point B is
A. -2/3. B. -1.5. C. -3. D. -30.