This should be helpful
A.Choices
B.Tradeoff
C.Scarcity
D.Both a and b
A.the effect of agricultural pric support programs on the cotton industry
B. the effect on U.S. steel producers of an import quota imposed on foreign steel
C.the effect of an increasing inflation rate on national living standards
D. the effect of an increase in the price of imported coffee beans on the U.S. coffee industry
A. Federal Reserve system
B. banking system
C. monetary system.
D. financial system
A. more risk and so pay higher interest
B. less risk and so pay lower interest.
C. less risk and so pay higher interest.
D. about the same risk and so pay about the same interest
A. the Corporate Stock Administration
B. the administrators of NASDAQ
C. the supply and demand for the stock
D. All of the above are correct
A. and bonds to raise money is called debt finance.
B. and bonds to raise money is called equity finance
C. to raise money is called debt finance, while the sale of bonds to raise funds is called equity
D. to raise money is called equity finance, while the sale of bonds to raise funds is called debt finance
A. retained earnings
B. dividends
C. the denominator in the price-earnings ratio
D. All of the above are correct
A. a mutual fund
B. the stock market
C. a U.S. government bond
D. None of the above is correct
A. Y - I - G - NX
B. Y - C - G
C. Y - I - C
D. G + C - Y
A. usually greater than investment
B. equal to investment
C. usually less than investment because of the leakage of taxes
D. always less than investment
A. upward because an increase in the interest rate induces people to save more
B. downward because an increase in the interest rate induces people to save less
C. downward because an increase in the interest rate induces people to invest less
D. upward because an increase in the interest rate induces people to invest more
A. positive relation between the real interest rate and investment
B. positive relation between the real interest rate and saving
C. negative relation between the real interest rate and investment
D. negative relation between the real interest rate and saving
A. 11 percent
B. 24 percent
C. 5 percent
D. 3.75 percent
A. Real interest rates can be either positive or negative, but nominal interest rates must be positive
B. Real interest rates and nominal interest rates must be positive
C. Real interest rates must be positive, but nominal interest rates can be either positive or negative
D. Real interest rates and nominal interest rates can be either positive or negative
A. how fast the number of dollars in your bank account rises over time
B. how fast the purchasing power of your bank account rises over time
C. the number of dollars in your bank account today
D. the purchasing power of your bank account today
A.(pie)E represents expected inflation rate for the forthcoming year
B.(pie)E represents actual inflation rate for the forthcoming year
C.(pie)E can be estimated using the average inflation rate from past 3 or 5 years
D.(pie)E both a and c are correct
A. Productivity
B. GDP per capita
C. Production
D. All of the above
A. 10 years
B. 15 years
C. 20 years
D. 25 years
A. 3.5
B. 7
C. 10
D. 20
A. physical capital
B. natural resources
C. technological knowledge
D. All of the above
A. a new factory building
B. a computer used to help Mercury Delivery Service keep track of its orders
C. on-the-job training
D. a desk used in an accountant's office
A. the comfortable chair in your dorm room where you read economics texts
B. the amount you get paid each week to work at the library
C. the things you have learned this semester
D. any capital goods that require a human to be present to operate
A. other sellers are offering similar products
B. buyers have more control over the price than do sellers
C. these markets are highly regulated by government.
D. All of the above are correct.
A. applies to most goods in the economy
B. is represented by a downward-sloping demand curve.
C. is referred to as the law of demand
D. All of the above are correct.
A. a substitute good.
B. a normal good.
C. an inferior good.
D. a complement good.
A. The demand for rice today will increase.
B. The demand for rice today will decrease.
C. The demand for rice today will be unaffected.
D. The supply of rice today will increase.
A. increase a firm's costs.
B. allow firms to raise the price of their product.
C. shift the supply curve to the right, but the demand curve will be unaffected.
D. shift the supply curve to the right and shift the demand curve to the right.
A. Change in consumer income
B. Change in input cost
C. Change in price of related goods
D. Change in numbers of consumers in the market
A. A technological advance pertaining to the production of the good is observed.
B. Incomes of all buyers of the good increase.
C. The number of sellers of the good increases.
D. Everyone revises upward their expectation of next month’s price of the good.
A. equilibrium price to increase and equilibrium quantity to decrease.
B. equilibrium price to decrease and equilibrium quantity to increase.
C. equilibrium price and equilibrium quantity both to increase.
D. equilibrium price and equilibrium quantity both to decrease.
A. Price will fall and the effect on quantity is ambiguous.
B. Price will rise and the effect on quantity is ambiguous.
C. Quantity will fall and the effect on price is ambiguous.
D. The effect on both price and quantity is ambiguous.
A. some wages are kept above their equilibrium level.
B. some people choose not to work at the equilibrium wage.
C. some wages are kept below their equilibrium level.
D. There can be structural unemployment under all the possibilities above.
A. worker health
B. worker turnover
C. worker quality
D. worker effort
A. $18 per hour.
B. $15 per hour.
C. $25 per hour.
D. both a and b.
A. the standard of living they are looking for.
B. their relative qualification compared to their peers.
C. the on-going market (wage) rate in their working fields.
Wage) rate in their working fields. d. None of the above.
A. is as efficient as barter for transactions to happen.
B. allows specialization in production to happen.
C. needs the double coincidence of wants to make trades happen.
D. All of the above.
A. Germany
B. Switzerland
C. China
D. Norway
A. Conduct monetary policy
B. Oversee the practice of private banking industry
C. Make loan to commercial banks
D. All of the above
A. Conduct monetary policy
B. Oversee the practice of private banking industry
C. Make loan to commercial banks
D. All of the above
A. M1 goes down and M2 stays the same.
B. M1 goes up and M2 stays the same.
C. M2 goes down and M1 stays the same.
D. both M1 and M2 go down.
A. Argentina
B. Brazil
C. USA
D. Mexico
A. 9:15 am. eastern time
B. 11:15 am eastern time
C. 1:15 pm eastern time
D. 2:15 pm eastern time
A. 6 times
B. 8 times
C. 10 times
D. 12 times
A. The FOMC interest rate announcement
B. The US presidential election
C. The US president’s decision on the new chairman of the FED
D. both b and c
A. changing the discount rate; changing the required reserve ratio
B. conducting open market operations, changing the required reserve ratio
C. conducting open market operations, changing the discount rate
D. changing the discount rate, conducting open market operations
A. it buys Treasury securities, which increases the money supply.
B. it buys Treasury securities, which decreases the money supply.
C. it borrows money from member banks, which increases the money supply.
D. it lends money to member banks, which decreases the money supply.
A. will eventually increase the money supply by $500.
B. leave the size of the money supply unchanged.
C. will eventually decrease the size of the money supply by $500.
D. None of the above is correct.
A. lower the discount rate, raise the reserve requirement ratio
B. lower the discount rate, lower the reserve requirement ratio
C. raise the discount rate, raise the reserve requirement ratio
D. raise the discount rate, lower the reserve requirement ratio
A. The lower cost of the operations compared to other monetary policy tools
B. The perfect quantitative control in changing MS
C. The accessibility of the operations (as the bond markets are always open)
D. The secrecy of conducting the operations
A. $20,000.
B. $16,000.
C. $8,000.
D. None of the above is correct.
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