If a country were to increase its saving rate, then in the long run it would also increase its
a. level of income.
b. growth rate of income.
c. growth rate of productivity.
d. All of the above are correct.
a
Economics
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If the price index was 100 in 2000 and 120 in 2010, and nominal GDP was $360 billion in 2000 and $480 billion in 2010, then the value of 2010 GDP in terms of 2000 dollars would be
A) $300 billion. B) $384 billion. C) $400 billion. D) $424 billion.
Economics
A mismatch between the geographic location of workers and the location of job openings would result in what type of unemployment?
A. Frictional B. Cyclical C. Wait D. Structural
Economics