In 2015, the level of U.S. real GDP was more than four times its 1965 level
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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What does the demand for labor depend on, directly or indirectly?
(a) The wage rate (b) Productivity of labor (c) Demand for the goods and services produced by the labor (d) All of the above
Economics
People learn to hold a specific quantity of money for the groceries, theater tickets, gasoline, clothes, film, and other items they habitually purchase. This behavior is representative of the:
a. precautionary demand. b. speculative demand. c. transactions demand. d. volatility demand. e. liquidity demand.
Economics