An increase in the demand for music downloads indicates that more music downloads are

A. demanded because sellers are putting music downloads on sale.
B. demanded because music download prices have decreased.
C. demanded even if prices of music downloads stay the same.
D. demanded because sellers are selling more music downloads.

Answer: C

Economics

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a. cutting taxes b. decreasing government spending c. increasing production of consumer goods d. expanding the governments role in regulating private industry

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Labor productivity can best be calculated as

A) real Gross Domestic Product (GDP) / Gross Domestic Product (GDP) price index. B) real Gross Domestic Product (GDP) / number of workers. C) number of workers / hours of work. D) real wages / hours of work.

Economics