Asset inflation:
A. does not occur when the economy faces globalization because prices are capped.
B. is the rise in the physical increase in assets.
C. is the rise in asset prices that exceed the rise in the real value of assets.
D. is equal to goods inflation.
Answer: C
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A) Coasian approach B) Pigouvian approach C) command and control mechanism D) social enforcement mechanism
Which of the following cultural events likely increased the demand for the associated product?
A) the banning of cigarette advertising on television B) the inclusion of Reese's Pieces in the movie E.T. C) increased environmental awareness about the impacts of sport utility vehicles (SUVs) D) concerns over "Mad Cow" disease in beef
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A. unemployment. B. frictional unemployment. C. structural unemployment. D. cyclical unemployment.
An asset's price and rate of return:
A. are independent of each other. B. can be either inversely or directly related. C. are inversely related. D. are directly related.