Housing "affordability" is measured by the ratio of local housing price to local income.
Answer the following statement true (T) or false (F)
True
Economics
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Real GDP per capita in the U.S. grows over time
a. True b. False Indicate whether the statement is true or false
Economics
Mrs. Dodge has $8 million in income and pays no income taxes. Her income is most likely
A. capital gains. B. interest on corporate bonds. C. interest on municipal bonds. D. offset by mortgage interest.
Economics
Which of the following is not a way for IACs to help LDCs achieve economic growth?
A. private investment B. aid C. loans D. intervention in politics
Economics
Falling output, in the short run, could be due to:
A. an increase in short-run aggregate supply. B. a reduction in aggregate demand. C. an increase in long-run aggregate supply. D. an increase in aggregate demand.
Economics