The list address is an email address used to send messages for distribution to list subscribers.
A fee paid by a borrower to the lender for the use of borrowed money; typically interest is calculated as a percentage of the principal (original loan amount). A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment.
Complete Question:
Which of the following is correct?
a. Short run fluctuations in economic activity happen only in developing countries.
b. During economic contractions most firms experience rising profits.
c. Recessions come at irregular intervals and are easy to predict.
d. When real GDP falls, the rate of unemployment generally rises.
Answer:
d. When real GDP falls, the rate of unemployment generally rises.
Explanation:
Real Gross Domestic Products (GDP) measures economic activity and income in a particular country.
Consequently, when real Gross Domestic Products (GDP) falls, the rate of unemployment generally rises because the total market value of goods and services in that country has fallen.
Answer:
B. Since the development of human capital is an important determinant of economic growth, Brazil's literacy and reading rates suggests its potential economic growth rate is lower.
Explanation:
According to the New Growth Theory, it is both human desire and capital the factors that drive economic growth the most.
A literate population that does not read a lot means a lower level of human capital for Brazil, which in turn means that Brazil has a lower potential for economic growth. In order to increase economic growth, the Brazilian government should promote readership among its population.
