Which of the following contributes to economic growth?
A) increase in environmental protection policies
B) increase in labor regulations restricting the hours of overtime allowed
C) increase in labor productivity
D) increase in consumer spending
C
Economics
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If the price of watermelons is 5 pesos in Argentina and the exchange rate is 4 pesos per dollar, then what is the dollar price of watermelons?
A) $0.75 B) $0.80 C) $1.25 D) $2.00
Economics
The problem with a detailed federal government budget is that: a. monetary policy becomes more difficult to implement
b. it reduces the flexibility of discretionary fiscal policy. c. Congress cannot keep it up to date. d. there is a shortage of congressional committees that deal with the budget. e. there is a short review period, resulting in poor choices in funding programs.
Economics