During this century, the growth rate of real GDP in the United States has averaged approximately
What will be an ideal response?
3 percent.
Economics
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A unanimity rule suffers from the holdout problem
a. True b. False
Economics
Both monetary policy and fiscal policy affect aggregate demand
a. True b. False Indicate whether the statement is true or false
Economics
A Price Ceiling is the;
(a) Minimum price consumers are willing to pay for a product. (b) Minimum price usually set by government that sellers must charge for a product. (c) Maximum price usually set by government that sellers must charge for a product. (d) None of the above.
Economics
Comparative advantage can change over time
Indicate whether the statement is true or false
Economics