In an economy open to international trade ________
A) saving equals investment in equilibrium
B) saving is the difference between net exports and investment
C) saving equals investment as long as the economy has no exports
D) saving equals investment as long as NX=0
E) none of the above
D
Economics
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The unemployment rate that is typically reported in the media is ________
A) based on a survey from 150,000 business establishments on weekly earnings, number of workers and hours worked B) computed every three months C) based on a survey of 60,000 households D) reported by the Treasury Department E) none of the above
Economics
The government is looking to double the living standards of its population in 18 years, what rate of GDP growth would it need to achieve that?
a. 1% b. 2% c. 3% d. 4%
Economics