The total market value of the nation's annual final products produced domestically best defines the
A. CPI.
B. GNP.
C. PPI.
D. GDP.
Answer: D
You might also like to view...
How should we evaluate the initiatives?
Referring to Figure 19.2, the effect of an increase in U.S. interest rates is represented by a movement from point
A) a to b. B) c to b. C) a to d. D) d to c.
Repetition of a game
A) yields the same outcome, over and over. B) can result in behavior that is different from what it would be if the game were played only once. C) is not possible. D) makes cooperative games into non-cooperative games. E) is possible only if the payoffs in the matrix change.
In the Wabash case (1886), the Supreme Court held that:
a. states cannot enact laws that interfere with interstate commerce. b. states could restrict price-discrimination based on person, but not price-discrimination based on place. c. states could regulate railroad rates on long-hauls, but not rates on short-hauls. d. held that railroad practices could not be regulated by any federal or state governing body.