The real GDP in a nation has just increased from $2 billion to $2.1 billion
A) This country has experienced economic growth because there is a $.1 billion increase in real GDP.
B) We do not know if this country experienced economic growth since the increase in the population was not given.
C) We do not know if this country experienced economic growth since information on nominal GDP was not given.
D) This country did not experience economic growth since $.1 billion is not a large number.
B
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Where do the FDIC's funds come from?
A) Congress appropriates money for the FDIC, just as it does for other federal agencies. B) The FDIC earns income through the insurance premiums paid by insured banks and from investment earnings. C) The FDIC sells bonds in the financial markets. D) The FDIC relies on voluntary contributions from the banking community.
Site value taxation _____
a. taxes improvements to land b. taxes the assessed value of land c. taxes the locational value of land d. a and c