Suppose that the chain-weighted index for GDP in Panama was 180 in 2015 and 188 in 2016. The inflation rate between those two years was approximately

A) 1.1 percent. B) 4.4 percent. C) 8 percent. D) 10.4 percent.


B

Economics

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A video available on a Web site that allows free download is a ________

A) private good B) public good C) club good D) common pool resource

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Refer to Figure 11-2. Diminishing returns to labor set in

A) after L1. B) after L2. C) after L3. D) immediately.

Economics

A country's GNP is always larger than its GDP

Indicate whether the statement is true or false

Economics

Since 1990, the aggregate emissions of criteria air pollutants have decreased 59 percent despite

a. population increasing 24 percent. b. gross domestic product (or aggregate production in the USA) increasing 65 percent. c. vehicle-miles traveled increasing 40 percent. d. energy consumption increasing 15 percent. e. All of the above. f. None of the above.

Economics