How well has the international capital market perform?
What will be an ideal response?
International portfolio diversification has increased.
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Real GDP can be criticized as a measure of economic welfare because it
A) does not include the value of products produced in the household. B) does not take account of the degradation of environmental quality. C) does not include leisure time available to a society. D) All of the above answers are correct.
The technical term for changing residences is _____________
a. Mobility b. Fertility c. Immigration d. Adaptation
The marginal utility of a second copy of today's New York Times is
a. infinite b. practically zero c. positive and greater than the marginal utility of the first copy d. equal to the marginal utility of the first copy e. 50 cents
Why might special interest groups be more likely to push for transfers instead of economic growth? The answer is because it usually takes a much __________________ percentage _______________ in growth to equal what they can get from the transfer
A) smaller; decrease B) larger; increase C) larger; decrease D) smaller; increase E) none of the above