When equilibrium GDP is greater than potential GDP, jobs are plentiful and labor is in great demand
a. True
b. False
Indicate whether the statement is true or false
True
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In a balance of payments statement, the current account plus the financial account must equal the capital account
Indicate whether the statement is true or false
A fall in the real interest rate brings a
A) rightward shift of the supply of loanable funds curve. B) rightward shift of the demand for loanable funds curve. C) leftward shift of the supply of loanable funds curve. D) movement down along the supply of loanable funds curve. E) movement up along the supply of loanable funds curve.
Property and casualty insurance companies are supervised and regulated by the
A) Federal Home Loan Bank Board. B) Securities and Exchange Commission. C) states in which they operate. D) Federal Reserve.
Refer to the information. The total cost of producing 3 units of output is:
The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table. Use this information to answer the following question.
A. $65.
B. $105.
C. $145.
D. $185.