What is the total demand for goods and services in an entire economy called?
A. supply and demand
B. aggregate demand
C. consumer demand
D. GDP demand
Answer: B
Economics
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If real GDP per capita doubles between 2005 and 2020, what is the average annual growth rate of real GDP per capita?
A) 4.7% B) 10.5% C) 15% D) 21%
Economics
How would a substantial appreciation in the European euro in the foreign exchange market affect the quantity of imports of European products by the U.S.? How would such an appreciation of the European euro affect travel by Americans to Europe?
What will be an ideal response?
Economics