Inequality within countries has been ________, and inequality between countries has been ________ in recent decades.
A. increasing; decreasing
B. increasing; increasing
C. decreasing; decreasing
D. decreasing; increasing
Answer: A
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Private disposable income is equal to
A) Y + TR + INT - T. B) Y + NFP + TR + INT - T. C) Y - TR - INT + T. D) Y + CA - G.
Which of the following is included in GDP?
a. the market value of rental housing services, but not the market value of owner-occupied housing services. b. the market value of owner-occupied housing services, but not the market value of rental housing services c. both the market value of rental housing services and the market value of owner-occupied housing services d. neither the market value of owner-occupied housing services nor the market value of rental housing services.
QN=63 (17777) Def01 stands for GDP deflator in year 1. Def02 stands for GDP deflator in year 2. The inflation rate in year 2 equals
a. 100*(Def02-Def01)/Def01. b. 100*(Def02-Def01)/Def02. c. 100*(Def01-Def02)/Def01. d. 100*(Def01-Def02)/Def02.
In the market for loanable dollars, an increase in the profitability of investments overall will be revealed in
A. a decrease in the demand for loanable dollars. B. an increase in the supply of loanable dollars. C. an increase in the demand for loanable dollars. D. a decrease in the supply of loanable dollars.