If in some year real GDP was $25 billion and the GDP deflator was 68, what was nominal GDP?

a. $2.72 billion.
b. $17 billion.
c. $36.8 billion.
d. $43 billion.

b

Economics

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The unemployment rates during the last 10 years in the Eurozone was

A) constantly lower than the unemployment rate in the United States and not rising toward the U.S. unemployment rate. B) constantly lower than the unemployment rate in the United States but were rising toward the U.S. unemployment rate. C) more or less constant at 3 percent. D) generally higher than the U.S. unemployment rate. E) approximately equal to those in the United States, with some years the U.S. unemployment rate being slightly higher and in other years the U.S. unemployment rate being slightly lower.

Economics

A public good, such as a community's emergency warning sirens, typically

a. imposes benefits on only a few individuals but imposes costs on many people b. imposes both benefits and costs on relatively few individuals c. imposes benefits on many individuals but imposes the costs on relatively few people d. imposes both benefits and costs on many individuals e. only imposes costs on individuals when logrolling is prevalent in the government

Economics