If real GDP was 100 in 2015 and 104.4 in 2016, the growth rate of real GDP between 2015 and 2016 was
A) 2.2 percent. B) 4.4 percent. C) 100 percent. D) 102.2 percent.
B
Economics
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When two goods are perfect substitutes, their indifference curves are straight lines
Indicate whether the statement is true or false
Economics
For a monopsonist in the labor market, the marginal resource cost of labor is:
A. Higher than the wage rate or price of labor B. Less than the wage rate or price of labor C. Equal to the wage rate or price of labor D. Inversely related to the wage rate or price of labor
Economics