Which country best reinforces the idea that the higher the real GDP per capita is, the more satisfied people are in that country?









a. India

b. China

c. Russia

d. Norway


d. Norway

Economics

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Which of the following will happen if consumption in an economy falls?

A) Firms' revenue fall. B) Labor supply falls. C) Mortgage defaults fall. D) Asset prices rise.

Economics

In the United States, ________ profits are taxed at both the corporate level and when investors receive dividends

A) corporate B) a sole proprietor's C) a partnership's D) all of the above

Economics

In an economy with no inflation, explain why interest rates are positive

What will be an ideal response?

Economics

Table 7-1  Workers Toys1  5212322430535? ? ? In Table 7-1, the marginal physical product of labor from the addition of the second worker is ?

A. 12. B. 7. C. 17. D. 5.

Economics