The United States and the United Kingdom are two major __________-oriented systems
A) securities
B) equities
C) banking
D) markets
D
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Which of the following statements is true?
A) In the United States, the unemployment rate among bachelor degree holders is more than the unemployment rate among high school diploma holders. B) Unemployment rate is higher among groups with lower educational attainment. C) More educated workers have a lower opportunity cost of time than less educated workers. D) The unemployment rate in a country normally increases when the country's economy expands.
The study of factors that influence both international and interregional trade is referred to as
A) accidents of history. B) economic geography. C) factor abundance theory. D) weather analysis. E) centralized optimization.
When we assume that investment is autonomous we imply that:
a. it is a fixed constant amount. b. it is independent of current real GDP. c. it is a positive function of interest rates. d. it is actually zero. e. it has no impact on consumption.
GDP can be found by:
A.) Adding the monetary value of all final goods and services produced during a given period of time. B.) Adding the physical amount of all final goods and services produced during a given period of time. C.) Taking the difference between exports and imports during a given period of time. D.) Adding the value of all final output produced and measuring it in constant prices during a given period of time.