Suppose that business firms spend 500 million on new capital equipment this year. Of this 500 million, 300 million was spent on domestically produced capital and 200 million was spent on foreign-produced capital.
All else equal, these transactions contribute ________ to GDP. A) 0
B) 200 million
C) 300 million
D) 500 million
E) 800 million
Question 2
When law-makers impose ceilings on the amount of annual interest charged by lenders, their actions have the effect of
A) excluding certain borrowers from the legally regulated credit market.
B) expanding retail sales.
C) increasing the number of loans made.
D) lowering interest rates for most borrowers.
E) redistributing income from creditors to debtors.
Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period
President-elect Barack Obama 150 million tiny carbon nanotubes
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
Equipment Inventory Record
Shell-Tube CHE 413 Chemical Engineering Equipment Design
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...