Economic growth is measured by the:
a. advancement in the quality of a nation's technology
b. rate of business investment and capital formation.
c. annual percentage change in per capita real output of goods and services.
d. marginal change in nominal output divided by total output from the previous year.
c
Economics
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The situation in which a firm is able to charge the maximum price consumers are willing to pay for each unit of output the firm sells is referred to as:
A) first-degree price discrimination. B) second-degree price discrimination. C) third-degree price discrimination. D) fourth-degree price discrimination.
Economics
The ________ that required separation of commercial and investment banking was repealed in 1999
A) the Federal Reserve Act. B) the Glass-Steagall Act. C) the Bank Holding Company Act. D) the Monetary Control Act.
Economics