Which of the following is TRUE regarding real GDP?
I. Real GDP is the value of the total production of the country's farms, factories, shops, and offices.
II. Real GDP rises whenever inflation occurs.
III. Real GDP does not measure all that is produced.
A) I and II
B) I and III
C) II and III
D) I, II and III
B
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Use the following information to answer the next question.Maya purchases only three products; orange juice, prepared meals, and on-demand episodes of her favorite shows. Each week she purchases 2 bottles of orange juice, 14 prepared meals, and 8 on-demand episodes. The prices of bottles of orange juice, prepared meals, and on-demand episodes for four different years are shown in the table below.YearPrice of Orange JuicePrice of Prepared MealsPrice of On-Demand Episodes1$2$6$102$6$5$123$4$7$134$4$8$11How much will Maya spend per week in Year 1?
A. $210 B. $178 C. $208 D. $168
Which of the following is a key assumption leading to the Monetarist view that government deficits crowd out private investment?
A) Money demand is sensitive to the interest rate. B) The aggregate supply curve is horizontal. C) Technology is fixed. D) Investment is sensitive to the interest rate.
Over the next few years the number of buyers in the market for sport utility vehicles decreases sharply. As a result, Question 4 options:
A. there is a movement downward along the demand curve for sport utility vehicles. B. the demand curve for sport utility vehicles shifts leftward. C. the demand curve for sport utility vehicles shifts rightward. D. there is neither a shift nor a movement along the demand curve for sport utility vehicles.
Which legal claim has a fixed annual coupon payment?
A. common stock B. preferred stock C. bond D. reinvestment