A change in the growth rate of a country of one percentage point annually has
A) a large impact on the economy in the current year, but not in the future.
B) a large impact in the future due to compounding.
C) a small impact in the current year, and smaller impact in the future because of compounding.
D) very little impact on the economy of a country.
Question 2
Say's law explains
A) how long-run real Gross Domestic Product (GDP) stability is achieved in the Keynesian model.
B) why economies experience business cycles.
C) how the economy can go into recession.
D) how long-term real Gross Domestic Product (GDP) stability is achieved in the classical model.
(a) Large buttress roots in a tropical rain forest
Why did these young volunteers of the First Virginia Militia join the Confederate army in 1861? “It
Country of Birth of Authorized U.S. Immigrants
The leaky-barrel model: a settling-point model of eating and body weight homeostasis.
Finger pressure to a trigger point.
The molality of a C12H23O11 solution is 0.6 m. what is the freezing point of the solution C?