Refer to the data. DI is:
Answer the question on the basis of the following data. All figures are in billions of dollars.
A. $284.
B. $329.
C. $274.
D. $402.
C. $274.
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The amount single retirees receive in a monthly check if they retire at their retirement age is
A. their PIA. B. their AIME. C. constant throughout their lifetime. D. the most the retiree can receive in interest without having part of their benefit reduced.
Total spending will equal total output
a. after inventory adjustments b. only when total leakages are equal to total injections c. by the end of every year d. only when the sum of saving and investment equals the sum of net taxes and government expenditures e. saving is equal to net taxes
Scarcity refers to
A. the ability of society to consume all that it produces. B. a shortage in a good or service. C. the inability of society to satisfy all human wants because of limited resources. D. the inability of an individual to purchase a good or service due to her limited income.
According to the new growth theory
A. technology is a natural by-product of invention. B. technology should be considered as a factor of production. C. technology provides few rewards to the society. D. technology plays a minor role in economic development.