Investment accounts for ________ of US GDP
A) 15%
B) 20%
C) 50%
D) 70%
A
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Which of the following regional trade agreements is a free-trade area?
a. NAFTA b. the European Union c. Mercosur d. NATO
The natural rate of unemployment is the
A. Amount of cyclical unemployment minus the anticipated rate of unemployment. B. Rate that would occur if the structural deficit were zero. C. Rate that corresponds to 3 percent inflation on the Phillips curve. D. Long-term rate determined by structural forces in labor and product markets.
To stay one step ahead of the forces of competition, a firm can adopt one of these strategies except
a. Cost reduction b. Product differentiation c. Advertising d. Reduction in the intensity of competition
Suppose the Federal Reserve lowers the target on the interest rate in the Federal Funds market. The Federal Reserve will _____ the money supply and aggregate demand will _____
Fill in the blank(s) with correct word