Refer to Table 8-18. What is the GDP deflator in 2016 if 2016 is the base year?

A) 120 B) 118 C) 100 D) 87


C

Economics

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Computer memory chips are produced on wafers, each wafer having many separate chips that are separated and sold. The above table shows costs for a perfectly competitive producer of computer memory chips

If the market price of a wafer is $2,400 dollars, how many wafers will the firm produce? A) 0 B) 4 or 5 C) 3 or 4 D) 1 or 2 E) 6

Economics

The term "crowding out" relates to the decrease in

A) consumption expenditure from an increase in investment. B) the real interest rate from a government budget deficit. C) private investment from a government budget deficit. D) saving from an increase in disposable income.

Economics

Refer to Table 22-4. In the table above, which countries are consistent with the predictions of the economic growth model?

A) Japan and Guatemala B) only Japan C) Botswana and Thailand D) all four countries

Economics

A ________ is a provision that restricts or specifies certain activities that a borrower can engage in

A) residual claimant B) risk hedge C) restrictive barrier D) restrictive covenant

Economics