According to the World Bank, developing countries greatly outnumber industrial countries
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following transactions will be included in the calculation of GDP using the expenditure method?
A) The sale of a used car by a consumer B) The payment made to a construction worker C) The purchase of a treasury bond by an investor D) The purchase of a private jet by the CEO of a company
Economics
Which of the following is most likely to restore an economy to full employment, if it is operating below full employment due to a decrease in net exports?
A) Devaluation of the domestic currency B) A decrease in the demand for goods and services in the economy C) A decrease in investment in the economy D) An increase in the interest rate
Economics