When real GDP grows more slowly than potential GDP,
a. nominal GDP rises.
b. the unemployment rate falls.
c. labor productivity falls.
d. the unemployment rate rises.
D
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Which of the following is most likely to be a fixed resource for Paul's Country Fresh Pies, Inc?
a. berries b. flour c. bakers d. eggs e. ovens
High wage countries like the United States tend to use less labor-intensive production methods than low wage countries like Mexico
a. True b. False Indicate whether the statement is true or false
I frequently buy something which then has a rebate offer attached. I must fill in all the information requested, send off the form and then wait 8 weeks for the rebate. This practice is referred to as
A. a profit maximizing markup. B. network economics. C. exclusive contracting. D. the hurdle model of price discrimination.
Hospital spending in the United States
A. still accounts for the largest share of healthcare spending. B. has risen as a share of the total since 2000. C. is about six times as large as total nursing care and retirement facility expenditures. (D.) All of the above