If a country's economic growth rate is 4 percent a year, approximately how many years will it take to double its Real GDP?
A) 22.2
B) 25.0
C) 15.6
D) 17.5
E) 8.8
D
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The Equal Pay Act of 1963 requires that men and women be given equal pay for equal work in the same establishment
Most people agree that gender discrimination in the workplace is unfair, but many economists have criticized advocates of comparable worth. Is paying the same wages for jobs that have comparable worth mandated by the Equal Pay Act? Why don't most economists support proposals to force employers to pay their male and female employees based on comparable worth rules?
A positive supply shock causes stagflation in the short run
a. True b. False
If the Consumer Price Index was 102.2 in 2007 and 104.9 in 2008, we can conclude that
a. the prices of all consumer goods were higher in 2008 than in 2007 b. the prices of all consumer goods were lower in 2008 than in 2007 c. the price level fell from 2007 to 2008 d. the price level rose from 2007 to 2008 e. the base year was 2001
It would require the most money to maintain a margin account when
A. You went short at $4.00 and futures are now at $3.00 B. You went long at $4.00 and futures are now at $3.00 C. You went short at $4.00 and offset your position when futures were at $3.50 D. Either A or B as you need margin money whether you are short or long