mona

National savings is the sum of private savings and: private consumption. government tax revenue. the budget balance. trade surplus.

How much is private saving? $4 trillion. $2.5 trillion. $3.5 trillion. -0.5 trillion.

Investment spending refers to: buying stocks. buying newly issued shares of stock. adding to physical capital. adding to one’s retirement account.

. Factors which influence productivity and therefore growth are: physical and human capital per worker and technological advances. government independence. more government intervention in the market place. increased consumption and less investment spending.

When there is deflation in the economy: the general price level falls. the general price level increases. the interest rate rises. the general price level becomes negative.

Which of the following annual rates of inflation would be called hyperinflation? 5% 10% 25% 1,000%

The labor force is considered to be: all those employed. those who are employed plus those who are unemployed. the population of the nation. D. those not frictionally unemployed plus all others employed

. Unemployment is: the percent of the labor force that is unemployed. the number of people unemployed. the ratio of the labor force to the number of people unemployed. D. the average length of time someone is unemployed

Employment is: the total labor force. the total population of working age. the total number of people actively working. D. the total number of people not unemployed

Calculating GDP via the factor payments approach would include payments such as: wages, interest payments, rent and profits. taxes, wages, interest payments and rents. rents, profits, value added adjustments, and taxes. D. consumption, investment and government