In which of the following areas are partnerships common?
a. Contract jobs won through bidding
b. A large multinational corporation
c. Small firms producing semi-finished goods
d. Professional group practices
D
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Suppose that in 2015 a country has a population of 1 million and real GDP of $1 billion. In 2016, the population is 1.1 million and the real GDP is $1.1 billion. The real GDP per person growth rate is
A) $1000. B) positive. C) negative. D) zero.
An increase in public saving has what impact on the market for loanable funds?
A) The demand for loanable funds decreases. B) The supply of loanable funds decreases. C) The supply of loanable funds increases. D) The demand for loanable funds increases.
The monetary liabilities of the Federal Reserve include
A) securities and loans to financial institutions. B) currency in circulation and reserves. C) securities and reserves. D) currency in circulation and loans to financial institutions.
GDP stagnated during the Obama presidency.
Answer the following statement true (T) or false (F)