If a 10-year Treasury bond pays 3.1 percent and a 10-year corporate bond pays 7.4 percent, what is the interest rate spread on this particular corporate bond?

The Department of Commerce sums the payments made to resources to arrive at GDP in the form of wages, self-employment income, rents, interest, profits, indirect taxes, and depreciation. This method of deriving GDP is called the

a. opportunity cost approach. b. resource cost-income approach. c. expenditure approach. d. monetarist approach.

Esmerelda worked part-time for her mother's business without pay. Tabitha was absent from work because she had strep throat. Who is counted as "employed" by the Bureau of Labor Statistics?

a. Esmerelda but not Tabitha b. Tabitha but not Esmerelda c. both Esmerelda and Tabitha d. neither Esmerelda nor Tabitha