The 2009 fiscal stimulus bill represented approximately
a. 5.5% of GDP and was designed to close the expansionary gap.
b. 5.5% of GDP and was designed to close the recessionary gap.
c. 7.8% of GDP and was designed to close the expansionary gap.
d. 7.8% of GDP and was designed to close the recessionary gap.
b
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Compound interest is:
A. the payment of interest on the original deposit. B. the payment of interest on both the original deposit and all accumulated interest. C. the interest rate adjusted for the rate of inflation. D. the real rate of interest compounded by the rate of inflation.
Which of the following statements is true of British colonies set up in areas of Mexico, Guatemala, and Bolivia?
A) Most of the major political decisions were taken by the natives. B) The institutions set up were mostly inclusive. C) The natives had well-defined property rights. D) The natives were forced to work in mines and agricultural estates.
A provision that permits raising tariffs if domestic producers are suffering under an existing tariff is known as
a. a trading bloc. b. exchange control. c. anti dumping. d. an escape clause.
How will the federal government's new national health care program be funded?
A) The federal government will charge all participants of health insurance exchanges 3.8%. B) Firms with at least 50 employees must pay an annual fine of up to $750 per employee regardless of coverage. C) A tax rate of 3.8 percent will be assessed on nearly all earnings above $200,000 per year forindividuals and above $250,000 per year for married couples. D) Nearly all U.S. residents will pay a fine of up to $750 per year for an individual (up to $2,250 per year for a family) regardless of coverage.