Real GDP is the yearly production of final goods and services valued at
a. current prices.
b. constant prices.
c. expected future prices.
d. the ratio of current prices to constant prices.
b
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Economic growth can be depicted as
A) an outward shift on the production possibilities curve. B) a movement up on the production possibilities curve. C) a movement down on the production possibilities curve. D) an inward shift on the production possibilities curve.
Bonds that are sold in a foreign country and are denominated in the country's currency in which they are sold are known as
A) foreign bonds. B) Eurobonds. C) equity bonds. D) country bonds.
Crabs caught from an ocean are an example of a _____
a. common resource b. club good c. public good d. private good
A foreign exchange intervention that alters the domestic monetary base is:
A. impossible. B. not likely to change domestic interest rates. C. sterilized. D. unsterilized.