A bank can only fail if it is not in good financial health
a. True
b. False
B
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A recession in the rest of the world means U.S
A) exports increase. B) aggregate demand decreases. C) potential GDP decreases. D) potential GDP increases. E) aggregate supply decreases.
In making the "Malthusian Prediction," Reverend Malthus assumed that:
a. technological advance would be rapid; the supply of capital was unlimited; birth control techniques would limit population growth. b. there would be little if any technological advance; the supply of capital was fixed; birth control techniques would limit population growth. c. the supply of land was fixed in quantity; there would be little if any technological advance; the sexual desires of humans would work to increase production. d. the supply of land was fixed in quantity; technological advances would be rapid; the sexual desire of humans would lead to rapid population growth.
Which of the following is an exogenous variable in the Three-Sector-Model?
a. Real risk-free interest rate b. Required reserve ratio c. Quantity of real credit per time period d. Quantity of currency per time period e. All of the above are exogenous.
Draw a graph of the firm's demand, marginal revenue, marginal cost, and average total cost curves.
