The Human Development Index was proposed because
A) people confuse nominal GDP and real GDP.
B) nominal GDP and real GDP are subjective measures.
C) of the limitations of real GDP as a measure comparing the standard of living in different nations.
D) the GDP deflator changes if the base year is changed.
E) different nations have different populations.
C
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List the competitive forces in the five competitive forces model
What will be an ideal response?
The cross price elasticity for Papa John's pizza for a change in the price of Pizza Hut pizza is likely to be
A. negative but less negative than -1. B. negative and more negative than -1. C. zero. D. positive.
The demand curve for on-demand videos has shifted to the right. What could have caused it?
A) A fall in the price of on-demand videos. B) An increase in the price of on-demand videos. C) An increase in the supply of on-demand videos. D) An increase in the income of buyers.
A computer programmer working in India relocates to the United States. This is an example of
A. cross-border trade. B. international outsourcing. C. factor intensity reversal. D. factor mobility.