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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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.
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