Economic growth is

A) an increase in the per person real production in a nation.
B) an increase in stock market values.
C) an increase in real estate values.
D) an increase in the number of people employed in agriculture.

A

Economics

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Relative to free trade, domestic consumers of a good are ________ off with a tariff because of the ________

A) better; higher price and greater quantity sold B) better; higher price and smaller quantity sold C) better; lower price and greater quantity sold D) worse; lower price and smaller quantity sold E) worse; higher price and greater quantity sold

Economics

If real GDP is $4 billion, the price level is 1.25, and the nominal money stock is $500 million, then velocity is

A) 0.1. B) 1. C) 10. D) 100.

Economics