Which of the following is true?
What will be an ideal response?
Even if government programs are implemented with good intentions, they may lead to undesirable outcomes.
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Individual supply curves generally slope ________ because ________.
A. downward; sellers become more efficient with practice. B. downward; inputs are cheaper when purchased in high volume. C. upward; profits increase with quantity. D. upward; of increasing opportunity costs.
Measuring the sensitivity of bank profits to changes in interest rates by multiplying the gap times the change in the interest rate is called
A) basic duration analysis. B) basic gap analysis. C) interest-exposure analysis. D) gap-exposure analysis.
Explain the difference between GDP and GNP
What will be an ideal response?
If the death rate and the birth rate both fall, then
a. the population growth rate falls b. the population growth rate rises c. per capita GDP rises d. per capita GDP falls e. the effects on population or GDP growth cannot be determined from the information