According to the text, which of the following does the United States import?

A. Clothes but not electronics.
B. Cars but not shoes.
C. Computers but not food.
D. Electronics, cars, and food.

Answer: D

Economics

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If for a given year nominal GDP is $2000 billion and real GDP is $1500 billion, then the GDP price index is

A) 100. B) 1.33. C) 750. D) 0.75. E) 133.

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All of the following are names for bonds receiving low ratings EXCEPT:

A) junk B) garbage C) high yield D) speculative

Economics