Interest rates and the price of old or existing bonds are
A) directly related.
B) independent of each other.
C) inversely related.
D) sometimes directly related and sometimes inversely related.
E) There is not enough information to answer the question.
C
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The major source of new scientific knowledge in the United States is:
A. university and government research. B. R&D work in large corporations. C. entrepreneurs working alone. D. purely competitive and monopolistically competitive firms.
The main difference between sales and excise taxes is that:
A. sales taxes apply to a wide range of products, while excise taxes apply only to a select group of products. B. excise taxes apply to a wide range of products, while sales taxes apply only to a select list of products. C. sales taxes are consumption taxes, while excise taxes are not. D. excise taxes are consumption taxes, while sales taxes are not.
First, explain each of the following: hysterisis and Eurosclerosis. Second, explain how each of them can be used to explain the relatively high natural rate of unemployment in Europe
What will be an ideal response?
Unit banks are:
A. more numerous in the United States than they were in previous decades. B. banks with no branches. C. commercial banks that have combined into one unit with an investment bank. D. no longer permitted to exist in the United States.