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Hogar Banco de preguntas Ciencias económicas Archive 2025 February 06

Economics Questions from Feb 06,2025

Browse the Economics Q&A Archive for Feb 06,2025, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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What is the better measure of the standard of living in a country? GDP Per Employment GDP De Facto GDP GDP Per Canita \begin{tabular}{c}\( \begin{array}{c}\text { The US suffered its sharpest decline in GDP in } \\ \text { what year? }\end{array} \) \\ \hline 2020 \\ \hline 2008 \\ \hline 2000 \\ \hline 1950\end{tabular} Which of the following would not be counted in GDP? A meal ordered at a restaurant The sale of a new car The aluminum used to make a Dr. Pepper soda A haircut omics nestic DP) ccuracy, we need a antity of final goods oduces. What is the most important measure of output for a country? Gross Domestic Product Total Stock Value The Dow Jones Total Tax Revenue s7/75 \( \begin{array}{l}\text { The CPI does not treat all prices equally. What } \\ \text { are the biggest components of the CPI (by } \\ \text { percentage)? }\end{array} \) Transportation, Government Spending, and Healthcare Shelter, Food, and Energy Alcohol and Cigarettes Education and Transportation \begin{tabular}{|l}\( \begin{array}{l}\text { Since 2000, the Consumer Price Index (CPI) has } \\ \text { been the lowest during this year: }\end{array} \) \\ \hline 2001 \\ 2009 \\ \hline 2021 \\ \hline 2024\end{tabular} \begin{tabular}{l} Which is generally true regarding recessions? \\ the stock market breaks record highs \\ unemployment drops \\ inflation typically spikes up \\ unemployment typically spikes up \\ \hline\end{tabular} \begin{tabular}{l} In the United States, if the unemployment rate is \\ at \( 2 \% \), this must mean that the economy is: \\ in a recession \\ is experiencing very low inflation \\ is at or near a trough in the business cycle \\ is ot or near a peak in the business cycle \\ \hline\end{tabular} \begin{tabular}{|c} A healthy level of unemployment in the US is: \\ \hline \( 0 \% \) \\ \hline \( 5 \% \) \\ \hline \( 10 \% \) \\ \hline\( -3 \% \) \\ \hline\end{tabular} \begin{tabular}{l} A healthy level of inflation in the US Is: \\ \begin{tabular}{|}\hline \( 0 \% \) \\ \( -1 \% \) \\ \( 5 \% \) \\ \hline \( 2 \% \) \\ \hline\end{tabular} \\ \hline\end{tabular}
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