Economic growth is generally measured as the percentage increase in a country's
A) real GDP.
B) nominal GDP.
C) annual employment rate.
D) per-capita nominal GDP.
A
Economics
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What is the relationship between gross investment, net investment, and depreciation? Which measures the change in the capital stock?
What will be an ideal response?
Economics
Figure 4-15
In , suppose a price floor is established at $20.00. What is the result?
a.
a shortage of 10 units
b.
a surplus of 10 units
c.
a shortage of 20 units
d.
a surplus of 20 units
e.
there is no change from the situation that exists at the equilibrium price
Economics