In 2017, the Congressional Budget Office forecast that real GDP would grow at an average annual rate of ________ for the years 2017-2027
A) 0.4%
B) 0.7%
C) 1.5%
D) 1.9%
Answer: D
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Use the figure below to answer the following question.
What is the amount of total surplus without the excise tax?
A. $100 B. $32 C. $4 D. $80
Refer to Budget Lines. The only situation where we can conclude that this consumer's tastes must have changed is when we observe himAnswer the following statement(s) true (T) or false (F)
a. buying B last year and buying A this year.
b. buying D last year and buying A this year.
c. buying B last year and buying C this year.
d. buying D last year and buying C this year.
According to the following information, what is the unemployment rate? Number of Employed: 800 Number of Unemployed: 200 Not in the Labor Force: 50
a. 6% b. 19% c. 20% d. 28%
Between 1910 and today, the number of farmers in the United States _____________ dramatically as a result of ___________________ in farming in the twentieth century
A) dropped; technological improvements B) rose; technological improvements C) dropped; technological declines D) rose; technological declines