If the nominal GDP is 12,000 in 2005 and 15,000 in 2006, and if inflation is 10 between these years, then
a. employment fell between 2005 and 2006.
b. real GDP fell between 2005 and 2006.
c. real GDP rose between 2005 and 2006.
d. the economy experienced no growth between these years.
e. everyone is rich now than they were before.
Question 2
For a given level of the money wage, an increase in the price level will cause the
a. supply of labor to rise.
b. quantity of labor demanded to rise.
c. price of leisure to rise.
d. quantity of labor demanded to rise.
e. both b and d.
The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19
Top Prescriptions for Children Under 17 Years of Age (2002–2010)
Average Years of Schooling versus GDP per Capita
Population age 65 and over and age 85 and over, selected years 1900-2008 and projected 2010-2050.
Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take