Which of the following assets is the most liquid?
A) money market mutual fund
B) computer
C) washing machine
D) U.S. Treasury bond
A
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The costs associated with the negotiation and enforcement of an agreement are
A) property costs. B) resource factor costs. C) transaction costs. D) attorney fees.
The loanable funds market is in equilibrium in all of the following situations except
a. when borrowers' and savers' desires to borrow and lend at a given rate of interest are satisfied b. at the interest rate that equates the quantity supplied and the quantity demanded of loanable funds c. when the excess supply of funds is zero d. when the excess demand of funds is zero e. when the interest rate is increasing due to an excess demand
The unemployment rate is the number of unemployed people, expressed as
A. a ratio of total employed to the population. B. a ratio of unemployed to the total employed. C. a percentage of the labor force. D. a percentage of the population.
Assume the market was in equilibrium in the graph shown. If the market price gets set to $7, which of the following is true?
A. Some producers lose surplus, but total surplus rises. B. Some producers gain surplus, but total surplus falls. C. Some consumers lose surplus, but total surplus rises. D. Some consumers gain surplus, but total surplus falls.