Between 1979 and 2009, ________ real GDP per capita was less than that of ________
a. the United States'; Japan
b. the United States'; the United Kingdom
c. the United States'; France
d. Canada's; Germany
b
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An individual or country that has a comparative advantage in the production of one good
A) may or may not have an absolute advantage in the good's production. B) must have an absolute advantage in the good's production. C) must not have an absolute advantage in the good's production. D) must not have an absolute advantage in the production of the other good.
How might using the Taylor rule improve the Fed's monetary policy?
What will be an ideal response?
A regular payment received by stockholders for each share they own is called a:
A. bond. B. dividend. C. capital gain. D. coupon payment.
Which of the following actions would cause the aggregate demand curve to shift to the left?
A. a decrease net export spending caused by an appreciation of the home currency B. an increase in government spending caused by increased spending on highways and bridge construction C. an increase in exports caused by an increase in economic activity in the European Union D. an increase in consumer spending caused by a cut in the personal income tax rate