Productivity is generally measured as:
A. output per year.
B. nominal output over time.
C. real output over time.
D. output per worker.
Answer: D
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If the dollar depreciates in value relative to foreign currencies, then aggregate ________.
A. demand increases B. demand decreases C. supply and aggregate demand decrease D. supply and aggregate demand increase
Foreign purchases of stocks and bonds issued by U.S. corporations ________ between 1995 and 2007 and ________ in 2014
A) decreased slightly; increased slightly B) increased at a slow but steady pace; increased dramatically C) remained stagnant; declined sharply D) increased dramatically; declined
The Bureau of Labor Statistics (BLS) reports the CPI ________
A) every month B) every two months C) every three months D) every year E) twice each month
Which of the following causes the supply of leather jackets to decrease?
a. an increase in the price of leather jackets b. an increase in the price of leather c. a decrease in the price of zippers d. an increase in the number of motorcycles e. a decrease in consumer income