(The following national income data are in billions of dollars.)
Refer to the above data. This nation's GDP is:
A.
$315 billion
B.
$324 billion
C.
$305 billion
D.
$367 billion
C.
$305 billion
Economics
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Suppose that real GDP grows by 3 percent a year, the quantity of money grows 6 percent a year, and velocity grows by 1 percent. In the long run, the inflation rate equals
A) 12 percent. B) 9 percent. C) 10 percent. D) 4 percent. E) 5 percent.
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The Sherman Act
a. prohibited restraint of trade b. created the Federal Trade Commission c. prohibited fraudulent advertising d. regulated the railroads e. exempted insurance companies from antitrust law
Economics