The school of engineering at a modern university would be a supporter of the new
A. consumption theory.
B. growth theory.
C. monetary theory.
D. construction theory.
Answer: B
Economics
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If a country had a nominal GDP of $7,664 billion and a real GDP of $9,346 billion, what was the GDP deflator?
a. 80 b. 82 c. 120 d. 122
Economics
In determining living standards, productivity plays a key role
a. for individuals, but not for nations. b. for nations, but not for individuals. c. for both nations and individuals. d. for neither nations nor individuals.
Economics
What form of production predominates in less developed countries?
A. Service B. Government C. Wholesale D. Agriculture
Economics
Fiscal policy may not be effective because of
A. the zero lower bound. B. the LM curve's dominant role in determining the short-run equilibrium. C. lags. D. a liquidity trap.
Economics