Naturally occurring diamonds are an example of
A) land.
B) labor.
C) physical capital.
D) human capital.
Answer: A
Economics
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The measure of the aggregate price level that is most frequently reported in the media is the
A) GDP deflator. B) producer price index. C) consumer price index. D) household price index.
Economics
One lesson of the Great Depression was that potential GDP could _____
a. be too low to ensure full employment if the population was growing b. be too low to ensure full employment in a capitalist economy c. be too low to ensure full employment in a market economy d. fall short of full-employment GDP e. exceed equilibrium GDP
Economics