Nominal GDP is
a. corrected for inflation.
b. always smaller than real GDP.
c. real GDP minus interest payments.
d. uncorrected for inflation.
e. always increasing.
e. always increasing.
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Between 1800 and 1940, the U.S. birthrate fell steadily. Factors contributing to this downward trend include:
a. urbanization. b. rising female employment. c. compulsory schooling d. declining infant mortality. e. all of the above.
The Clayton Act of 1914:
A. outlawed price discrimination, tying contracts, acquisition of stocks of competing corporations, and interlocking directorates that lessen competition. B. prohibited unfair or deceptive acts or practices in commerce that tend to reduce competition. C. outlawed vertical and conglomerate mergers. D. prohibited one firm from acquiring the assets of another when the effect was to limit competition.
Which of the following is the best example of a broad money?
A. a Treasury bond B. a valuable painting C. a money market account D. all of the above
The aim of development aid is basically to:
A) eradicate poverty. B) minimize international trade. C) eradicate corruption. D) boost population growth.