Refer to Table 21-2. Using the table above, what is the approximate growth rate of real GDP from 2015 to 2016?
A) -2% B) -1% C) 1% D) 2%
B
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Think about each of the items in the list and explain how they affect incen-tives and might change the choices that people make:
What will be an ideal response?
If the price level in the United States decreases, domestic goods will become relatively cheaper than foreign goods, the demand for U.S.-made goods will increase, and the U.S. aggregate demand curve will shift to the right
a. True b. False Indicate whether the statement is true or false
A relationship between two events where one event occurring brings about the other is described best as:
A. a trend. B. a pattern. C. correlation. D. causation.
In the United States' economy
A. there is no need to economize. B. we rarely have to economize. C. only the rich have to economize. D. nearly everyone has to economize.