The real interest rate tells youA:how fast the number of dollars in your bank account rises over time. B:the number of d 点我阅读全文
Suppose the price of a quart of milk rises from $1.00 to $1.20 and the price of a T-shirt rises from $8.00 to $9.60. If 点我阅读全文
The primary purpose of measuring the overall level of prices in the economy is to A:allow consumers to know what kinds o 点我阅读全文
Last year a country had 800 workers who worked an average of 8 hours and produced 12,800 units. This year the samecountr 点我阅读全文
Which of the following items is included in GDP?A: All of the above are included in GDP. B:the sale of used goods C: the 点我阅读全文
Most, but not all, athletic apparel sold in the United States is imported from other nations. If the price of athletic a 点我阅读全文
Babe Ruth, the famous baseball player, earned $80,000 in 1931. Today, the best baseball players can earn more than 400ti 点我阅读全文
When the quality of a good deteriorates while its price remains the same, the purchasing power of the dollarA:decreases, 点我阅读全文
In 1983, one could buy a model radio-controlled airplane for $11.50 each. Those same planes are available today and thep 点我阅读全文
If the price of a dress is three times the price of a pair of shoes, then a pair of shoes contributesSuppose over the la 点我阅读全文
According to the circular-flow diagram GDPIn a market economy, we know that a resource has become scarcer whenA:can be c 点我阅读全文
GDP excludes most items that are produced and sold illegally and most items that are produced and consumed at home becau 点我阅读全文
If an economy’s GDP falls, then it must be the case that the economy’sRalph is a plumber. Which of the following are inc 点我阅读全文
A steel company sells some steel to a bicycle company for $150. The bicycle company uses the steel to produce a bicycle, 点我阅读全文
A dairy buys $50,000 worth of milk and spend $5,000 on cartons and utilities. It sells the cartons of milk to a grocery 点我阅读全文
Sheri, a U.S. citizen, works only in Germany. The value she adds to production in Germany is includedIf the number of wo 点我阅读全文
Consumption consists of spending by households on goods and services, with the exception ofA:purchases of new houses. B: 点我阅读全文