What is the GDP deflator, and how is it used?
If a country in an open economy has a trade deficit, what is…
If a country in an open economy has a trade deficit, what is likely happening with its savings and investment?
What happens to the equilibrium interest rate if the demand…
What happens to the equilibrium interest rate if the demand for loanable funds increases, assuming the supply remains constant?
Firms produce too little output
Firms produce too little output
Why is GDP per capita a useful measure?
Why is GDP per capita a useful measure?
Which of the following is NOT typically considered a factor…
Which of the following is NOT typically considered a factor of economic growth?
How does technological innovation typically impact productiv…
How does technological innovation typically impact productivity?
What is a common feature of financial crises?
What is a common feature of financial crises?
What does GDP per capita measure?
What does GDP per capita measure?
If the U.S. imposes a tariff on imported steel, what is the…
If the U.S. imposes a tariff on imported steel, what is the most likely short-term effect on the domestic steel industry?