The federal government pays for what percentage of research and development?
a. 0.91%
b. 60.2%
c. 32%
d. 3.6%
c. 32%
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The slope of a fairly flat upward-sloping line will be a
a. small positive number. b. large positive number. c. small negative number. d. large negative number.
If the percent change in real GDP is 5 percent and inflation rate is 1 percent, what is the percent change in nominal GDP?
A. 2 percent. B. 4 percent. C. 0 percent. D. 6 percent.
The purchase of foreign shares and bonds by an Australian brokerage firm is an example of capital inflows to Australia.
Indicate whether the statement is true or false.
If a book has a royalty rate of 15%, 10,000 copies are sold to bookstores at $50 each, and the bookstore sells the books to students for $62.50, the author will be paid
A. nothing. B. $75,000 (.15*50*10,000). C. $93,750 (.15*62.50*10,000). D. $125,000 ((62.50-50)*10,000).