Refer to Table 20-19. Looking at the table above, what is the approximate rate of growth of real average hourly earnings from 2014 to 2015?

A) 15% B) 4.4% C) -1.5% D) -4.8%

D

Economics

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In the short run, the intersection of the aggregate demand and the short-run aggregate supply curves,

A) determines the equilibrium price level. B) is a point where there is neither a surplus nor a shortage of goods. C) determines the equilibrium level of real GDP. D) All of the above answers are correct.

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One of the negative side effects of financial globalization is that national economic policies lack the discipline that they did in the past

Indicate whether the statement is true or false

Economics