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Suppose that real GDP grew more in Country A than in Country B last year. Which of the following does this imply concerning productivity or standard of living?
Select one:
Country A's productivity must have grown faster than country B's.
Country A’s productivity must have been higher only if the population in the two countries grew at the same rate.
Country A must have a higher real GDP than Country B.
Country A must have a higher standard of living than country B.
Illustrate what happens to output, the price level, and the expected price level in both the short run and the long run.
Illustrate what are the levels of income every worker and consumption per worker.
Assume interest rate levels rise to the point where such bonds now yield 12 percent. Illustrate what should the U.S. Congress also the Federal Reserve do about it.
How would you expect the following to affect the economy wide demand for money? The demand for money represents the desire of households and businesses to hold assets in a form that can be easily exchanged for goods and services.
what is the resulting outcome of the game? (b) Suppose now that dierent players obtain dierent shares (adding up to 1) when the majority vote is not passed. What happens in a SPNE then?
Drawing on current business publications, find out some updated facts for each case that support this theme.
the simple interest for buying a passenger transit rail is shown as the product of the principle amount p time in years
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Use an indifference curve-budget line analysis to depict the situations, prior to the ban on smoking, of a student who smoked on campus, and of a student who did not smoke.
Most business in the U.S. is conducted by corporations, and corporations popularity results primarily from their favorable tax treatment.
q1. unlike discretionary changes automatic stabilizers have the obvious advantages that they act instantly explain
Gatekeeper models of MCOs require patients to see a primary care doctor before going to see a specialist. What two key economic principles would be involved in a successful gatekeeper program?
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