Real GDP is another term for
A. current dollar GDP.
B. actual GDP.
C. constant dollar GDP.
D. tangible GDP.
Answer: C
Economics
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With technological developments, more resources are discovered which change production sets for countries and make world trade more and more beneficial
Indicate whether the statement is true or false
Economics
The quantity of reserves supplied increases as interest rates rise because
a. the Treasury borrows more at higher interest rates. b. consumers don't want to borrow as much so more money is left in banks. c. as interest rates rise, banks fear losses so they decrease lending. d. banks find it more profitable to loan out excess reserves to other banks.
Economics