In the television broadcasting industry, ________ is an end user and ________ is a platform.
A. an advertiser; a TV service provider
B. a TV service provider; a TV maker
C. an advertiser; a TV regulatory agency
D. a TV maker; TV audience
Answer: A
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During a recession, unemployment rises and total output of the economy rises.
Answer the following statement true (T) or false (F)
The above figures show the market for oranges. Which figure(s) shows the effect of an increase in the price of bananas, a substitute for oranges?
A) Figure A B) Figure C C) Figure D D) Figure A and C
If the interest rate increases due to an increase in government purchases, the rise in real GDP will be greater than what would have occurred if the interest rate had remained stable
a. True b. False
The structural deficit is
A. The deficit that would exist if the economy were at full employment. B. Equivalent to the GDP gap. C. Computed on the basis of the current value of automatic stabilizers. D. Determined by the president of the United States.