Which of the following is an important factor affecting economic growth?
A) the rate of saving
B) exchange rates
C) the rate of interest
D) the level of prices
A
You might also like to view...
Based on opportunity cost, where would one expect to have the most difficulty finding a teenager to baby-sit?
A) A high-income area with lots of teenagers B) A low-income area with lots of teenagers C) A middle-income area with lots of teenagers D) Any income area because teenagers no longer like babysitting
A $0.2 trillion increase in government purchases increases the quantity demanded by $1.0 trillion, the price level remaining constant. This additional spending reflects the _____ effect.
Fill in the blank(s) with the appropriate word(s).
The age-earnings cycle is
A) the distribution of money income by age. B) the distribution of wealth by age. C) the relationship between earnings while working and retirement benefits for an individual. D) the regular earnings profile of an individual throughout his or her lifetime.
What causes the long-run aggregate supply curve to shift right?
A. scarcity B. economic growth C. inflation D. unemployment