Stagflation refers to a period of staggering economic growth combined with very low inflation rates
Indicate whether the statement is true or false
false
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Which of the following is not an aggregate-demand-side explanation of business cycles?
A. The real-business-cycle theory. B. The idea of coordination failures. C. Mainstream macroeconomics. D. Monetarism.
A bond pays a coupon (or interest) rate of 5 percent each year for five years, with a future (face) value of $200. If the bond was sold today, what would be the present value of the bond?
A. $200 B. $157 C. $150 D. $145
The law of demand states that when price increases, quantity demanded increases
Indicate whether the statement is true or false
If equilibrium is present in the foreign exchange market and a nation is experiencing a trade deficit,
a. the nation must be experiencing a net capital inflow. b. the nation must be experiencing a net capital outflow. c. the nation's inflation rate must increase. d. the nation's interest rate must increase.