When using real GDP per capita to measure the standard of living, it is difficult to capture the value of
a. education
b. leisure time
c. clean environment
d. how income is distributed
e. all of the above
E
Economics
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The equivalent to the Federal Reserve's discount rate in the European System of Central Banks is the
A) federal funds rate. B) marginal lending rate. C) deposit facility rate. D) lombard rate.
Economics
Exhibit 8-6 Consumption function
?
In Exhibit 8-6, the level of autonomous consumption is:
A. $100. B. $150. C. $50. D. $0.
Economics