Nominal GDP is another term for

a. current dollar GDP.
b. constant dollar GDP.
c. adjusted dollar GDP.
d. relative value GDP.


a

Economics

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Indicate whether the statement is true or false

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"The higher the price of a good or service, the greater the quantity that people are willing to sell" is

A. the law of demand. B. the law of supply. C. neither the law of demand or the law of supply.

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Which of the following does the federal reserve use most often to combat a recession?

a) selling securities b) buying securities c) reducing reserve requirement d) increasing discount rate e) increasing federal funds rate

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Define fishery and describe the resource problem with fisheries

What will be an ideal response?

Economics