If a country has a 4 percent annual growth in real GDP and a one percent growth in population, its per capita growth of real GDP is
A) five percent.
B) four percent.
C) three percent.
D) 1/4 = 0.25 percent.
C
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The risk structure of interest rates refers to
A) the amount of additional interest necessary to compensate savers for the greater risk of default on some bonds. B) the relationship among the interest rates on similar bonds with different maturities. C) the relationship among the interest rates on bonds with the same maturity. D) the amount of additional yield necessary to compensate savers for the lesser liquidity of some bonds.
The addition to total output when one more unit of capital is added is called the marginal revenue product of capital
Indicate whether the statement is true or false
As a general rule of thumb, a manager can be 95 percent confident that the true value of the underlying parameter in the regression is not zero, when the absolute value of the t-statistic is:
A. greater than or equal to 1. B. greater than zero. C. greater than or equal to 2. D. None of the statements is correct.
What is "monopolistic" about monopolistic competition?
What will be an ideal response?