An example of a public good is
A. a hardwood forest in a national park.
B. a grocery store.
C. an orange grove.
D. a ticket to a baseball game.
Answer: A
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Based on the information in the above table, what is the unemployment rate? What is the labor force participation rate?
What will be an ideal response?
The GDP growth rate:
A. is a measure to track changes in an economy over time. B. looks at changes in GDP across different time periods. C. is measured as the percent change in real GDP from one time period to the next. D. All of these statements are true.
The equation specifying a direct relationship between the money supply and prices is the quantity theory of:
a. money. b. prices. c. exchange. d. spending. e. dollars.
Life expectancy at birth is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
a. true b. false