Per capita real GDP is a questionable indicator of the state of the economy because it does not account for:
a. growth of national income.
b. changes in inflation.
c. income distribution.
d. changes in the size of the population.
e. changes in the level of output.
Question 2
If the elasticity of demand coefficient for a good is 6 (in absolute terms), we know:
a. that for every 1 increase in quantity, there will be a 6 increase in price.
b. that for every 1 increase in quantity, there will be a 6 decrease in price.
c. that for every 6 increase in quantity, there will be a 1 increase in price.
d. that for every 6 increase in quantity, there will be a 1 decrease in price.
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Plasma protein binding and drug availability: (a) The drug exists in a free state or is bound to ...
Latin America in the Global Economy
Life Expectancy versus GDP per Capita
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Given the parent function f(x)=log10(bottom exponent)x, state the equation of the function that