Other things constant, countries with higher investment rates will
What will be an ideal response?
tend to have higher incomes in the future.
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Use the following table to answer the question below.Price per UnitQuantity Demanded per YearQuantity Supplied per Year$52,0000101,800300151,600600201,400900251,2001,200301,0001,500In this competitive market, the price and quantity will settle at
A. $25 and 1,200 units. B. $10 and 1,800 units. C. $20 and 900 units. D. $15 and 1,600 units.
In the above figure, the short-run equilibrium will eventually adjust to a long-run equilibrium with a
A) lower price level and smaller real GDP B) higher price level and larger real GDP. C) higher price level and smaller real GDP. D) lower price level and larger real GDP.
Which of the following statements correctly characterizes fertility rates in the postwar period?
a. The birth rate rose steadily, beginning during the Great Depression and continuing until 1950. b. The birth rate peaked in the late 1950s, then began a steep decline reaching very low rates in the 1970s. c. The birth rate has fallen steadily since 1940 due to the increased labor force participation of women. d. During the postwar period, the birth rate has tended to rise in during recessions and fall during periods of economic growth.
When Social Security checks were first issued the nominal amount:
A. stayed the same for the life of the payments. B. regularly increased by 5 % every 3 months. C. regularly increased by 10 % every 3 years. D. stayed 3% above the poverty level for all recipients.