Until the mid-20th century, nearly all economic growth took place in
A. Canada and the United States.
B. Australia and New Zealand.
C. Japan.
D. Hong Kong, Taiwan, South Korea, and Singapore.
D. Hong Kong, Taiwan, South Korea, and Singapore.
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The following table shows Alex's estimated annual benefits of holding different amounts of money.Average moneyholdings($)Total benefit($)700508005990066100071110074How much money will Alex hold if the nominal interest rate is 4 percent? (Assume she wants her money holdings to be in multiples of $100.)
A. $800 B. $700 C. $900 D. $1,000
In 2009, tickets to a Presidential Town Hall meeting were distributed to individuals through a random selection of those who registered on a website. The tickets were allocated by which method?
A) lottery B) majority rule C) contest D) first-come, first-served E) personal characteristics
Increase in the number of transactors makes it difficult to negotiate private agreements for environmental goods
a. True b. False Indicate whether the statement is true or false
According to the theory of rational expectations, errors in predicting inflation will
a. be biased upward more often than not. b. be purely random. c. tend to be biased downward when inflation is rising, and tend to be biased upward when inflation is falling. d. tend to be biased upward when inflation is rising, and tend to be biased downward when inflation is falling.