If the cost of a market basket is $200 in 2006 and $230 in 2007, the price index for 2007 using 2006 as the base year is

At a business cycle peak, we usually have ________ real Gross Domestic Product

A) an all-time high level of B) an all-time low level of C) an historically average level of D) accelerating growth of E) the maximum growth rate of

Increased United States military expenditures and action in response to the terrorist attacks of September 11, 2001 suggest that military officials in the United States _____

a. could not wait to go to war b. view the War on Terror as a negative externality c. believe that military expenditures can act as a deterrent d. are incompetent