Below are pairs of GDP growth rates and unemployment rates. Economists would not be shocked to see most of these pairs in the U.S. Which pair of GDP growth rates and unemployment rates is not realistic?
a) 10 percent; 5 percent
b) -1 percent; 8 percent
c) 3 percent; 6 percent
d) -2 percent; 2 percent
Ans: d) -2 percent; 2 percent
Economics
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A certain machine will last one year, will produce $120 in income (received one year later), and will cost $100. The lowest interest rate at which this investment will be unprofitable is
A. 10 percent. B. 11 percent. C. 19 percent. D. 22 percent.
Economics
Ratio of the increase in ____ to increase in ____ is called the multiplier
Fill in the blank(s) with the appropriate word(s).
Economics