The percentage of world GDP represented by the G7 is ________ and the percentage of world GDP represented by China and India is ________

A) falling; rising
B) falling; falling
C) rising; falling
D) rising; rising


A

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

Increasing income tax rates will solve the "Social Security time bomb issue" is an example of

A) a positive economic statement. B) marginal cost exceeding marginal benefit. C) answering the "how" question. D) globalization. E) business economic policy.

Economics

Elaborate on the statement "Every multiple regression analysis is influenced by the sample of the data used."

What will be an ideal response?

Economics

The crucial incentive to produce new ideas comes from

A) patents and copyrights. B) international trade. C) rising population growth. D) shortages of physical and human capital. E) government economic guidance.

Economics