The measure of final goods and services produced in the United States is the
A. GDP of the United States.
B. Total sales of all goods during the year.
C. Percentage change in the GDP of the United States.
D. Per capita GDP in the United States.
Answer: A
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People cope with uncertainty about the future:
A. exactly the same way, regardless of the situation. B. in very similar ways, regardless of the situation. C. in many ways, such as buying insurance. D. by always avoiding it.
Real gross domestic product per capita declines during periods of rapid economic growth
Indicate whether the statement is true or false
Inheritance accounts for about
A. 10 percent of income inequality. B. 15 percent of income inequality. C. 5 percent of income inequality. D. 30 percent of income inequality.
Intra-industry trade is the buying and selling of goods within ____________ industry/industries from one country to another.
a. different b. non-competitive c. the same d. multiple