A country's gross national product (GNP) is
A) the value of all final goods and services produced by its factors of production and sold on the market in a given time period.
B) the value of all intermediate goods and services produced by its factors of production and sold on the market in a given time period.
C) the value of all final goods produced by its factors of production and sold on the market in a given time period.
D) the value of all final goods and services produced by its factors of production and sold on the market.
E) the value of all final goods and services produced by its factors of production, excluding land, and sold on the market in a given time period.
A
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Which of the following statements is true?
A) At wages above the equilibrium wage rate, quantity supplied of labor exceeds the quantity demanded of labor. B) At wages below the equilibrium wage rate, quantity supplied of labor exceeds the quantity demanded of labor. C) At the equilibrium wage rate, quantity supplied of labor exceeds the quantity demanded of labor. D) At the equilibrium wage rate, quantity demanded of labor exceeds the quantity supplied of labor.
You are putting together a portfolio of assets. The four most important characteristics of the assets you will choose are expected return, time to maturity,
A) risk, and liquidity. B) risk, and collateral C) risk, and reward. D) liquidity, and standard issue size.