When I benefit from my neighbors cleaning up their yard, I am experiencing a(n):
A. economic pressure.
B. merit good.
C. positive externality.
D. partnership.
Answer: C
Economics
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In the United States, the annual growth rate of real GDP per hour worked between 2006 and 2014 averaged
A) -0.3%. B) 1.2%. C) 6.9%. D) 10.2%.
Economics
Which of the following models depicts the role of money as affecting only the price level in the short run?
a. The new classical model b. The Keynesian model c. The real business cycle model d. The monetarist model
Economics