Economists use GDP to determine
A) the economic performance of a country over time.
B) the well-being of a country's citizens.
C) the financial stability of a nation.
D) the overall money supply within a nation.
E) all of the above.
A
You might also like to view...
An asset becomes more liquid and hence more money-like
A) as its value relative to other goods approaches zero. B) as its value relative to other goods becomes more uncertain and unpredictable. C) as the cost of exchanging it for other goods approaches zero. D) when it is demanded for its own intrinsic value.
Consumers' preferences are represented by
A) budget lines. B) indifference curves. C) relative prices. D) household income.
The aggregate demand is described graphically as a. sloping downward. b. a vertical line
c. a horizontal line. d. sloping upward.
When U.S. net exports rise, which increases the aggregate quantity of goods and services demanded, the dollar must have
a) depreciated b) reciprocated. c) equivocated. d) appreciated.