Between 1940 and 2000, income per person in China

A) doubled.
B) tripled.
C) quadrupled.
D) decreased by 5 percent.

C

Economics

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If you have $5,000 in wealth and the price level decreases by 20 percent, then

A) the $5,000 will buy fewer goods and services. B) the $5,000 will buy more goods and services. C) the real value of the $5,000 decreases. D) the real value of the $5,000 remains constant.

Economics

The Franklin National Bank Crisis had its greatest impact on the market for

A) commercial paper. B) commodity futures. C) negotiable certificates of deposit. D) Eurodollars.

Economics