Real GDP is the product of the

a. total hours of work times the labor force.
b. labor force times the output per hour.
c. nation's capital stock times the output per hour.
d. total hours of work times the output per hour.

d

Economics

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If the reserve ratio is raised, the money multiplier

A) stays the same. B) is doubled. C) is lowered. D) is increased.

Economics

The Herfindahl-Hirschman Index measures

a. concentration in the industry. b. industrial average output. c. economies of scale. d. consumer confidence.

Economics