Real GDP means GDP:

a. valued at prices in a base year.
b. that does not change from year to year.
c. corrected for changes in quality.
d. valued at prices at which goods are actually sold.

a

Economics

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Foreign direct investment that takes the form of purchasing an existing plant is often called:

a. acquisition FDI. b. greenfield FDI. c. requisition FDI. d. brownstone FDI.

Economics

Jasmine has recently moved to Florida because she loves the warm climate there. Being new to the area, she will need to spend a few weeks looking for a new job. This is an example of:

a) frictional unemployment. b) cyclical unemployment. c) structural unemployment. d) underemployment.

Economics