Real gross domestic product is the total value of all:
a. goods and services produced in a country adjusted for inflation
b. goods and services produced in a country without an adjustment for inflation.
c. final goods and produced in a country services adjusted for inflation.
d. final goods and services produced in a country without adjustment for inflation.
c
Economics
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If the labor force consists of 1,000 people and and the unemployment rate is 7%, then 930 people must be considered employed
Indicate whether the statement is true or false
Economics
When we talk about injections in the classical model, we refer to
a. taxes b. total government purchases. c. federal government purchases only. d. state government purchases only. e. local government purchases only.
Economics