The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. The equilibrium level of real GDP is
A) $700 billion. B) $500 billion. C) $800 billion. D) $900 billion. E) $100 billion.
C
Economics
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With railroads, ________ considerations were given to rural areas at the expense of urban areas.
Fill in the blank(s) with the appropriate word(s).
Economics
Every year as the clock nears midnight on December 31st, the eyes of the world turn to Times Square in New York City to watch the famous ball drop at midnight
The event is open to everyone, but it is advised you arrive early to be able to participate because the square quickly becomes crowded with no space left for latecomers. This celebration is most like a A) common resource. B) public good. C) private good. D) natural monopoly.
Economics