Twenty-four months after a 1 percentage point increase in the short-term (Treasury bill) interest rate, real GDP have fallen by about ________ in 1961-75, by ________ during 1976-1990, and by ________ during 1991-2007 period. 88-2004
A) 2%, 1%, 3%
B) 0.1%, 2%, 1.8%
C) 1.8%, 0.9%, 0.2%
D) 0.2%, 0.1%, 0.9%
C
Economics
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For many developing countries, natural resources or agricultural commodities make up a ________ share of exports
A) large B) moderate C) nonexistent D) small E) insubstantial
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In the industrial period of U.S. history, the manufacturing goods consumed by U.S. households were subject to
(a) high taxes. (b) Engel's Law. (c) income effects. (d) none of the above.
Economics