If there was an increase in technology other things equal, real GDP growth would ____ and real GDP growth per capita would ____.
a. increase; increase
b. increase; be indeterminate.
c. decrease; decrease.
d. decrease; be indeterminate
a
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In the graph shown above at a price of $4.50
A. there is a shortage.
B. there is a surplus.
C. there is a both a shortage and a surplus.
D. there is neither a shortage nor a surplus.
Between 2000 and 2020, the U.S. government budget deficit
A. as a percentage of U.S. GDP has increased steadily each year. B. has been more than 100% of U.S. GDP. C. as a percentage of U.S. GDP has decreased steadily each year. D. none of these.
Refer to the above data. Assume that investment Ig is not affected by the income GDP level. The multiplier for this private open economy is:
All figures in the table below are in billions.
A. 1.25
B. 2.00
C. 2.50
D. 3.33
The dollar return on a foreign investment is less than the interest rate on the foreign asset, if the foreign currency depreciates against the U.S. dollar between the purchase date and the maturity date
a. True b. False Indicate whether the statement is true or false