The key indicator of a country's living standard and economic well-being is:
A. real GDP.
B. the interest rate.
C. real GDP per person.
D. nominal GDP per person.
Answer: C
Economics
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In the long run, firms in monopolistic competition become price takers
Indicate whether the statement is true or false
Economics
Suppose you are currently in the long position of a long-term bond. In this case, to hedge against a capital loss, you would enter into a ________ contract to ________ a long-term bond in the future
A) interest-rate forward; sell B) interest-rate forward; buy C) exchange-rate forward; buy D) exchange-rate forward; sell
Economics