NIPA data
A. are revised many times.
B. are revised twice.
C. are never revised.
D. are revised once.
Answer: A
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The majority of American workers are employed in the manufacturing sector.
Answer the following statement true (T) or false (F)
Along a segment of the demand curve where the price elasticity of demand is less than 1, a decrease in price:
a. decreases quantity demanded. b. will increase total revenue. c. will decrease total revenue. d. is impossible.
In general, in a given rich country the ______________ the opportunity cost for a woman of having and raising a child, the _____________ children she will have
A) higher; fewer B) higher; more C) lower; fewer D) lower; more E) a and d
You have savings accounts at two separately FDIC insured banks. At one of the banks your account has a balance of $200,000. At the other bank the account balance is $60,000. If both banks fail, you will receive:
A. $260,000. B. $250,000. C. $60,000. D. $200,000.