At what average annual rate has real GDP and real GDP per capita, respectively, grown from 1950 to 2012?
A. 7.5 percent and about 5 percent
B. 3.1 percent and about 2 percent
C. 5.1 percent and about 3 percent
D. 1.1 percent and about 0.5 percent
B. 3.1 percent and about 2 percent
Economics
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The firm in a perfectly competitive industry
a. is a price-taker b. is a price-maker c. attempts to differentiate his/her product through advertising d. will earn an economic profit in the long run e. can charge any price it wishes
Economics
All of the nation's financial institutions came under the jurisdiction of the Federal Reserve in
A. 1913. B. 1933. C. 1948. D. 1980.
Economics