Which of the following would be consistent with a decline in labor productivity?
a. Faster growth in capital formation
b. Enhanced worker quality
c. Decreased manufacturing production
d. High federal government budget surpluses
c
Economics
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Suppose the government increases its expenditures by $100 billion and simultaneously reduces the money supply by $100 billion. We definitely know that
A) equilibrium GDP will fall. B) equilibrium GDP will rise. C) the interest rate will rise. D) the interest rate will fall.
Economics
A Swiss consumer wants to buy an American laptop. The exchange rate is 1USD=0.89CHF (Swiss Francs). The laptop costs $800 . How much would the laptop cost him in Swiss Francs?
a. 1200 Francs b. 1160Francs c. 890Francs d. 712 Francs
Economics