According to the story, if __________ in the software and related services sector increases by $15 billion, real GDP will increase by __________
a) investment; $30 billion
b) consumption; $30 billion
c) consumption; $2 billion
d) investment; $2 billion
b) consumption; $30 billion
Economics
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The nominal interest rate is determined in the
A) bond market. B) stock market. C) exchange market. D) money market.
Economics
The term "brain drain" refers to
A) the decreased quality of the college-educated workforce. B) highly educated individuals who leave developing countries for high-income countries. C) the negative impact on brain function of an individual's overinvestment in human capital. D) the diminishing returns to studying for an exam.
Economics