An economy growing at a 1% annual rate over 50 years will see its GDP per capita rise by a total of _______.
a. 50%
b. 64%
c. 75%
d. 100%
b. 64%
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An increase in the price level leads to a
A) leftward shift in the demand for money curve. B) rightward shift of the supply of money curve. C) movement downward along the demand for money curve and no shift of the curve. D) movement upward along the demand for money curve and no shift of the curve. E) rightward shift in the demand for money curve.
If a political scientist believes Brazil is on the brink of civil unrest, which will significantly reduce next year's coffee supply, he should ________ coffee futures
Other things constant, he is more likely to profit from his decision when ________ people are aware of the possibility of the civil unrest. A) sell; fewer B) buy; fewer C) sell; more D) buy; more
In the above table, what is the minimum price that producers must be offered to produce the 200th brownie?
A) 0 B) 20¢ C) 60¢ D) 80¢
Recessionary gap arises when
a. inventory stock falls. b. government spending increases. c. when the general price level increases. d. there is less spending than desired.