Average living standards are best measured using
A. Per capita GDP.
B. The capital stock of the economy.
C. The economic growth of the economy.
D. GDP.
Answer: A
Economics
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Which of the following is a feature of experiments?
A) Experiments are restricted to laboratories. B) Experiments are carried out only in the study of economics. C) Experiments help determine cause and effect between variables. D) Experiments require the division of participants into a treatment group and a test group.
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What happens to each of the following if investment becomes less desirable at each interest rate? A. the interest rate B. net capital outflow C. the exchange rate
Economics