Related to the Economics in Practice on p. 683: According to the International Monetary Fund, the top debtor nation in 2013 was
A. Japan.
B. China.
C. the United States.
D. Saudi Arabia.
Answer: C
Economics
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Amelia knows that she has about $105 in her bank account. She knows she earned an interest rate of 4 percent, but she doesn't remember how much she opened the account with a year ago. How much did she put in?
a. $98.18 b. $100.96 c. $102.04 d. $103.24
Economics
One year nominal GDP was $286 billion and the price index was 88. Real GDP that year was ________.
A. $308 billion B. $252 billion C. $325 billion D. $262 billion
Economics