Suppose that investment is increasing. Most of the increase in real GDP that results is due to ________.
A. an increase in government purchases
B. an increase in consumption
C. additional increases in investment
D. an increase in net exports
Answer: B
Economics
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During the Great Depression, the unemployment rate rose to a maximum of about
A) 10 percent. B) 25 percent. C) 50 percent. D) 13 percent. E) 67 percent.
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Currencies that are not backed by precious metals of equal value are called:
a. Repurchase agreements. b. "Trouble" – with a capital "T." c. Near money. d. Fiat money. e. Eurodollars.
Economics