Suppose we have an economy in which G = 1100, t = 0.26, Y = 3800, and YN = 4000. At Y the cyclical deficit is
A) 60.
B) 112.
C) -172.
D) -52.
E) 52.
E
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Use the equations for public and private saving to demonstrate how total saving in the economy equals investment
What will be an ideal response?
Which of the following is NOT an output of the production function?
A) a haircut B) a share of Acme Corporation stock C) a case of soda pop D) an extra-large pepperoni pizza
Indexation refers to
a. a process of adjusting the nominal interest rate so that it is equal to the real interest rate. b. using a law or contract to automatically correct a dollar amount for the effects of inflation. c. using a price index to deflate dollar values. d. an adjustment made by the Bureau of Labor Statistics to the CPI so that the index is in line with the GDP deflator.
To be able to enforce the rules of a free-trade area, goods from outside the region imported into the lowest-tariff nation cannot be shipped ________ into another nation in the area.
a. with no transportation costs b. without a labor certificate c. with no customs inspection d. duty free