Inflation can create uncertainty by making
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Residents of poor countries tend to have fewer automobiles p…
Residents of poor countries tend to have fewer automobiles per capita because
From 2009 to 2010, nominal gross domestic product (GDP) in t…
From 2009 to 2010, nominal gross domestic product (GDP) in the United States grew by 3.8 percent. Given that prices increased by 1 percent and the population grew by 1 percent, we know that per capita real GDP grew by
If mustard now costs $0.75 when today’s price index is 225,…
If mustard now costs $0.75 when today’s price index is 225, and if the price index in 1970 was 38, we would most accurately say that
An unemployment rate that is above the natural rate indicate…
An unemployment rate that is above the natural rate indicates ________ unemployment, and we say that the economy is producing at ________ output level.
From 2006 to 2010, per capita real gross domestic product (G…
From 2006 to 2010, per capita real gross domestic product (GDP) in Croatia grew an average of 1.08 percent per year. At that rate, according to the Rule of 70, in roughly how many years will the Croatian economy double in size?
In the equation M × V = P × Y, the variable Y stands for
In the equation M × V = P × Y, the variable Y stands for
Per capita real gross domestic product (GDP) is higher in th…
Per capita real gross domestic product (GDP) is higher in the United States than in Mexico. Based on that, we could predict the United States to have a higher rate of ________ and a lower rate of ________.
If an economy experiences economic growth, does that mean th…
If an economy experiences economic growth, does that mean that everyone in that economy will be better off?
If the consumer price index (CPI) was 100 in the period of 1…
If the consumer price index (CPI) was 100 in the period of 1982–1984, then