If the economy grew at 7 percent from 2015 to 2016 and real GDP was 400 in 2015, what was real GDP in 2016?
A) 393 B) 400 C) 407 D) 428
D
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Chris earns $1,500 per week and spends $1,000 per week on living expenses, puts $200 in a savings account, and buys $300 worth of shares in a stock mutual fund. Chris's saving is ________, and Chris's saving rate is ________.
A. $200; 20.0% B. $300; 20.0% C. $200; 13.3% D. $500; 33.3%
Based on the information shown in Exhibit 3, how much cloth can Wendy produce in one day using all of her resources?
a. 3 yards
b. 4 yards
c. 5 yards
d. 10 yards
You are putting together a portfolio of assets. The four most important characteristics of the assets you will choose are expected return, time to maturity,
A. risk, and collateral B. liquidity, and standard issue size. C. risk, and reward. D. risk, and liquidity.
Policies focused on giving people more money in their unemployment checks would be considered
A. monetary policies. B. demand-side and supply-side policies. C. demand-side policies. D. supply-side policies.