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Increases in the real per capita income of a country are most closely associated with increases in which of the following?
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
If wages grew at a 3% rate this year and average prices grew ______, people would be _____ off this year compared with last year.
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
When the economy is in full employment,
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
Unanticipated inflation:
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
Which of the following would be an example of an intermediate good?
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
Real GDP is nominal GDP adjusted for:
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
Donna was laid off by her employer at the beginning of 2008. She looked for a job for three months, but could not find anything suitable. She then decided to volunteer for a soup kitchen. Donna is considered to be
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
If during 2005, the country of Sildavia recorded investment spending for $3 billion, government purchases for $3 billion, consumer spending for $7 billion, imports for $5 billion, government transfers for $1 billion, and exports for $3 billion. Silda
a discouraged worker.
changes in prices.
reduces the value of money.
slower than 3%; better
$12 billion.
Productivity
tires purchased from Goodyear by General Motors for newly produced electric cars
only cyclical unemployment is zero.
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