When considering policy, measures of access to credit can often be:

A. unimportant to the economy.
B. as important as the measure of money.
C. included in the measures of money.
D. measures of individual assets.

Answer: B

Economics

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The population in the current year is 31.5 million and the real GDP is $814 million. The previous year's statistics were a population of 31 million and a real GDP of $800 million

The change in the standard of living, measured by growth in real GDP per person, is A) 0 percent. B) 0.13 percent. C) 1.6 percent. D) 6 percent. E) 7.75 percent.

Economics

Refer to Table 8-13. Nominal GDP for Vicuna for 2013 equals

A) $4,920. B) $5,100. C) $5,300. D) $5,850.

Economics