During World War II government expenditures increased almost five-fold and output almost doubled
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Based on the information in Scenario 1, real GDP grew by about ________ percent from 2015 to 2016
A) 23 B) 31 C) 62 D) 162
Economics
Using the above figure, which of the following is TRUE?
A) Axis 1 is typically called the y-axis. B) Axis 1 is also known as the origin. C) Axis 2 is typically called the x-axis. D) Point b is known as the origin.
Economics