Which of the following occurred during the 20th century?

(a) The total U.S. population increased.
(b) The percentage of foreign-born residents decreased, on average.
(c) The median age fell.
(d) All of the above occurred during the 20th century.

(a)

Economics

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For which of the following will the law of one price hold best?

A) shirt B) butter C) gold D) milk

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Is it possible to have a GDP deflator of less than 100?

A. Yes, it would indicate a year when prices were lower than in the base year. B. Yes, it would indicate a year when output was lower than in the base year. C. No, that is mathematically impossible for the deflator to be less than 100. D. Yes, it would indicate a year when prices were lower than in the previous year.

Economics