Our measurement of output per worker is called:
A. productivity.
B. production growth rate.
C. nominal output.
D. None of these is true.
A. productivity.
Economics
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When the LM curve is vertical,
A) fiscal policy has no impact on equilibrium income. B) fiscal policy has no impact on the equilibrium interest rate. C) the economy is at full employment. D) monetary policy has no impact on equilibrium income.
Economics
Nike faces a more__________ demand for its products than a shoe polish producer
a. inelastic b. elastic c. perfectly elastic d. perfectly inelastic
Economics