The GDP per capita is the most practical way to
A. Measure how much income households receive.
B. Make international comparisons of the standard of living.
C. Measure how much output can be consumed on a sustainable basis.
D. Analyze the growth rate of the economy through time.
Answer: B
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Suppose you withdraw $1,000 from your savings account and put it under your mattress. Briefly explain how this will affect M1 and M2
What will be an ideal response?
Banks in the United States still cannot
A) own finance companies. B) be full-service brokers. C) offer their own mutual funds. D) offer merger advisory services.
Overall, rapid economic growth between 1981 and 2012 has ______ the global poverty rate from __________________.
A. increased; below 20 percent to above 44 percent B. decreased; above 30 percent to below 15 percent C. decreased; above 44 percent to 12.7 percent D. increased; below 12.7 percent to above 25 percent
In 2008 ___________ had the highest annual expenditures on public and private schools per student.
A. Spain B. France C. United States D. Japan