U.S. GDP increased from $12.5 trillion in 2005 to $14 trillion in 2009. This means that:
A. people in the U.S. produced more goods and services in 2009 than in 2005.
B. the prices of all goods and services were higher in 2009 than in 2005.
C. Either of these could be true.
D. Both of these must be true.
C. Either of these could be true.
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Discrimination that occurs when someone assigns the properties of a group to a particular individual who is a member of that group is known as
A) taste-based discrimination. B) indirect discrimination. C) justifying discrimination. D) statistical discrimination.
Other things equal, when Europeans want to buy more grains from the United States:
a. U.S. imports will increase. b. European exports will increase at every level of domestic income. c. U.S. exports will increase at every level of domestic income. d. the U.S. balance of payments will show a deficit. e. U.S. consumption spending will fall.
Commercial banks can borrow reserves directly from the Fed at the
a. prime interest rate. b. federal funds rate. c. discount rate. d. real interest rate.
Acquisition of another company against the wishes of management
What will be an ideal response?