Since 1981, deaths from cardiovascular diseases have decreased in the United States

Indicate whether the statement is true or false

TRUE

Economics

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If labor productivity growth slows down in a country, this will

A) slow down the increase in real GDP per capita. B) accelerate the increase in nominal GDP. C) slow down the increase in nominal GDP. D) accelerate the increase in real GDP per capita.

Economics

Suppose a U.S. importer agrees to pay a Japanese firm 55,000 yen for a shipment of goods. If the agreement is made when the exchange rate is $1 = ¥100, what is the change in the dollar value of the goods if the exchange rate changes to $1 = ¥110, on the payment-due date?

a. -$50 b. $550,000 c. -$550,000 d. $50 e. -$55,000

Economics