On average over the last century, the U.S. population has grown three times as fast as the U.S. real GDP.
Answer the following statement true (T) or false (F)
False
On average over the last century, the U.S. real GDP has grown three times as fast as the U.S. population.
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"Granger laws" were early efforts by states to regulate the railroads and were
a. were severely limited in scope through litigation, b. generally outlawed both place and person discrimination, c. established commissions with the power to investigate complaints d. All of the above
In this situation, the monopoly's profits are:
a. 0.40. b. 0.16. c. 0.12. d. 0.08.
The international equilibrium price is the point at which:
a. the domestic supply curve of one country intersects the domestic demand curve of another. b. the domestic demand and supply curves of a country intersects each other. c. the export supply curve of one country intersects the import demand curve of another. d. the domestic demand of the trading partners become identical. e. the domestic supply of the trading partners become identical.
The yield curve is the relationship between the:
a. Real yield (i.e., interest rate) and actual inflation. b. Real interest rate and expected inflation rate. c. Domestic yield and foreign yield. d. Nominal yield on corporate securities and the yield of government securities. e. Nominal yield and time to maturity of a security.