The evidence shows that, over the last 25 years, spending on research and development in the rich countries has
A) decreased dramatically.
B) decreased slightly.
C) remained constant.
D) increased in absolute numbers, but decreased as a percentage of GDP.
E) increased as a percentage of GDP.
E
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A lender who is worried that its cost of funds might rise during the term of a loan it has made can hedge against this rise by
A) buying futures contracts on Treasury bills. B) selling futures contracts on Treasury bills. C) buying call options on Treasury bills. D) increasing the amount of money which it lends.
An increase in demand causes equilibrium price and quantity to rise, other things constant.
Answer the following statement true (T) or false (F)
Our unemployment rate is compiled by the _________ and our consumer price index is compiled by the _________.
A. Department of Commerce; Department of Commerce B. Bureau of Labor Statistics; Bureau of Labor Statistics C. Department of Commerce; Bureau of Labor Statistics D. Bureau of Labor Statistics; Department of Commerce
Identify and explain the three ways we can use macroeconomic analysis.
What will be an ideal response?