Roughly what was the change in Columbia's per capita GDP between 1960 and 2011?
A) 25%
B) 90%
C) 150%
D) 185%
D
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Jessica traded her string cheese for Jamie's apple the other day at lunch. Who was made better off?
A. Both Jessica and Jamie B. Jessica C. Neither Jessica nor Jamie D. Jamie
An investor can write any size contract in both forward and futures markets as long as the other party involved is in agreement
Indicate whether the statement is true or false
Which of the following is a necessary condition for government subsidies to influence a firm to choose an output level as if it were a Stackelberg leader?
A) The subsidy must be announced before the firms choose output levels. B) The subsidy must be equal to the firm's marginal cost. C) The subsidy must be equal to the firm's rival's marginal cost. D) The firm does not have any fixed costs.
Most economists agree that the immediate cause of most business cycle variation is:
A. an unexpected change in the productivity of workers. B. an unexpected change in the level of total spending. C. the invention of new products. D. the growth and subsequent bursting of financial bubbles.