The current U.S. unemployment insurance program
What will be an ideal response?
tend to raise the unemployment rate
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The demand for nominal money
A) increases as the price level increases. B) decreases as the price level increases. C) depends on the quantity of money. D) is the same as the demand for real money.
For a monopolist, marginal revenue for all units greater than 1 is:
A. always equal to price. B. never less than price. C. always less than price. D. minimized at price.
Which of the following is true, other things equal?
a. A reduction in prices will increase the real wealth of those holding a fixed quantity of money. b. A reduction in prices will lead to a decline in net exports. c. A reduction in prices will increase the scarcity of money, raise the real interest rate, and, thereby, encourage investment and consumption. d. A reduction in prices will increase profit margins and, thereby, stimulate additional investment.
The process of accumulation that occurs when interest is paid on previously earned interest is called:
A. backdating. B. compounding. C. present valuation. D. front loading.