Using the data in the above table, gross domestic product as calculated by the income approach equals ________
A) $2,333
B) $2,592
C) $2,925
D) $2,205
C
Economics
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Calculate the inflation rate for a country where the GDP deflator rises from 120 to 165
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In October 2005, the U.S. Fish and Wildlife Service banned the importation of beluga caviar, the most prized of caviars, from the Caspian Sea. What happened in the market for caviar in the United States?
A) The supply curve shifted to the left. B) The supply curve shifted to the right. C) The demand curve shifted to the right. D) The demand curve shifted to the left.
Economics