If real GDP increases we know for sure that
A) prices have risen but output has remained constant.
B) output has risen.
C) prices have remained constant.
D) prices have risen.
B
Economics
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An investment opportunity has two possible outcomes. The expected value of the investment opportunity is $250. One outcome yields a $100 payoff and has a probability of 0.25. What is the payoff of the other outcome?
A) -$400 B) $0 C) $150 D) $300 E) none of the above
Economics
Depreciation refers to a decrease in the value of a durable good caused by: a. an increase in the price level. b. changes in the interest rate
c. wear and tear over time. d. changes in tax laws. e. a decrease in its resale value.
Economics