Which of the following is the best measure of an increase in actual output?
A. Nominal GDP.
B. Real GDP.
C. Per capita GDP.
D. GDP per dollar.
Answer: B. Real GDP.
Economics
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An increase in the expected future domestic exchange rate causes the demand for domestic assets to ________ and the domestic currency to ________, everything else held constant
A) increase; appreciate B) increase; depreciate C) decrease; appreciate D) decrease; depreciate
Economics
Evidence of differences in the average wages of black workers compared to white workers
a. does not alone provide conclusive evidence of discrimination. b. clearly indicates differences in productivity between races. c. is seldom used to provide evidence of discriminatory bias. d. clearly indicates discrimination on the basis of race.
Economics