Recent estimates put the size of the underground economy in the United States at ________ of measured GDP
A) 2 percent B) 8 percent C) 13 percent D) over 50 percent
B
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In the final two decades of the twentieth century, average per capita global income
A) decreased by approximately 6 percent. B) increased by approximately 35 percent. C) increased by more than 75 percent. D) remained relatively unchanged.
In a corporation, what are "inside directors" and "outside directors"?
What will be an ideal response?
An increase in government spending can lead to a decrease in GDP if the interest rate changes enough
a. True b. False
Suppose the U.S. government imposes a maximum price of $5 per gallon of gasoline, and the current equilibrium price is $3.50 per gallon. This policy represents a:
A. binding price floor. B. non-binding price floor. C. non-binding price ceiling. D. binding price ceiling