Based on the information in Scenario 1, nominal GDP in 2016 in this economy was
A) $830. B) $1,025. C) $1,090. D) $1,345.
D
Economics
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Seventeen European countries use the euro as their common currency. This arrangement is best described as a:
A) currency union. B) free trade area. C) common market. D) monetary union.
Economics
The table above shows the marginal costs and marginal benefits of college education. If the market for college education is perfectly competitive and unregulated, how many students are enrolled in college?
A) 12 million B) 20 million C) 16 million D) 24 million
Economics