Compared to other countries, the U.S. economy has the ____________ GDP in the world.
a. largest
b. smallest
c. flattest
d. weakest
a. largest
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Refer to Table 13-1. The Table shows
A) a demand schedule with an inelastic segment from $7.50 to $6.50 followed by an elastic segment. B) a demand schedule with an elastic segment from $7.50 to $6.50 followed by an inelastic segment. C) an elastic segment of the demand schedule. D) an inelastic segment of the demand schedule.
The common currency of the Economic Monetary Union is the
a. franc. b. pound. c. euro. d. mark.
What are the differences between the federal debt, the budget deficit, and the primary budget deficit?
What will be an ideal response?
Samuelson and Solow reasoned that when aggregate demand was high, unemployment was
a. low, so there was upward pressure on wages and prices. b. low, so there was downward pressure on wages and prices. c. high, so there was upward pressure on wages and prices. d. high, so there was downward pressure on wages and prices.