Which three macroeconomic variables together best describe the health of the economy?
A. Output, GDP, and inflation
B. GDP, unemployment, and employment
C. Output, prices, and employment
D. Output, inflation, and prices
Answer: C
Economics
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The table gives data for a nation. What is the amount of the country's GDP?
A) $6,000 billion B) $6,200 billion C) $6,900 billion D) $5,800 billion E) $6,600 billion
Economics
In the 1990s Japan had the lowest interest rates in the world due to a combination of
A) inflation and recession. B) deflation and expansion. C) inflation and expansion. D) deflation and recession.
Economics