In Both Gamma and Delta,average Labour Productivity Is $20,000 Per

question 28

Multiple Choice

In both Gamma and Delta,average labour productivity is $20,000 per worker per year.The population of Gamma is 200,000 and the population of Delta is 400,000.60% of the population in each country is employed.Total output in Gamma is _________ and total output in Delta is _________.

• A) $12,000;$12,000
• B) $120,000;$800,000
• C) $0.24 billion;$0.48 billion
• D) $4 million;$8 million
• E) $4 billion;$8 billion

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Definitions:

Investment Banks

Financial institutions that provide a variety of services, including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.

Initial Margin

The minimum amount of equity required to enter into a leveraged position or futures contract to cover potential losses.

Margin Loan

A loan given by a broker to an investor to purchase securities, where the securities act as collateral for the loan.

Round Lots

Standardized number of units of a financial instrument, usually 100 shares for stocks.