Output per unit of input measures
A. The inequality trap.
B. The investment rate.
C. Per capita GDP.
D. Productivity.
Answer: D
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One purpose of the currency board adopted in Argentina in 1991 was to ________
A) encourage capital mobility B) make monetary policy more effective C) stabilize the exchange rate between the Argentine peso and the currencies of Argentina's major trading partners D) put an end to speculative attacks on the Argentine peso
The present value of a promise to pay $100 one year from now would be greater if the interest rate were higher
a. True b. False
What is the relationship between marginal utility and an individual demand curve?
Suppose the government used the following formula to compute a family's tax liability: Taxes owed = 28% of income - $8,000 . How much would a family that earned $150,000 owe?
a. $34,000 b. $42,000 c. $50,000 d. $68,000