Suppose we compare the average growth rates of output for Republican and Democratic administrations. In which year, on average, is the difference in growth rates for Republican and Democratic administrations greatest?
A) first
B) second
C) third
D) fourth
E) the growth rates are nearly identical for both parties
B
You might also like to view...
A constant rate of U.S. economic growth over a given period of years would involve
A) adding the same amount of real dollars to real GDP per capita each year. B) compounding the percentage increase in real GDP per capita over the years. C) adding the same amount of nominal dollars to real GDP per capita each year. D) None of the above are correct.
A cruiser bike is being auctioned in a first-price sealed-bid auction. You always wanted to own a cruiser bike, and therefore decide to participate in the auction. You value the bike at $4,000
On the day of the auction, you see that there are 70 other bidders. Your optimal bid in this case is ________. A) $3,500 B) $3,000 C) $4,000 D) $3,944
In the above figure, the most efficient way to produce 10 units is to hire
A) 1 worker. B) 2 workers. C) 3 workers. D) 5 workers.
For example, let's say consumers receive a tax cut of 50
What will be an ideal response?What will be an ideal response?