When comparing the measure of goods and services of one country to that of another, economists generally compare
A) the real GDP and net exports. B) the real GDP.
C) the real GDP and the labor force. D) the real GDP per capita.
D
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Buying securities on the margin requires people interested in buying stocks to pay only a percentage (a margin) of the actual purchase price. The rest is borrowed from someone else, usually an investor's broker
Indicate whether the statement is true or false
The United States and Canada trade hockey skates and apple pie. If the United States has an absolute and a comparative advantage in the production of apple pie, then:
A. Canada must have the comparative advantage in the production of skates. B. Canada must have the absolute advantage in the production of skates. C. Canada must have the absolute and comparative advantage in the production of skates. D. the United States must also have the comparative advantage in the production of skates.
If the supply of and demand for loanable funds both shift left, which of the following necessarily happens?
a. the equilibrium interest rate falls b. the equilibrium interest rate rises c. the equilibrium quantity of loanable funds rises d. the equilibrium quantity of loanable funds falls
Under President Eisenhower the problem of inflation.
A. got a lot worse. B. got a little worse. C. got a little better. D. got a lot better.