Because interest rates have substantial fluctuations, the ________ theory of the demand for money indicates that velocity has substantial fluctuations as well
A) classical
B) Cambridge
C) liquidity preference
D) Pigouvian
C
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Entrepreneurs
A. receive most of their income through inheritance. B. receive interest payments for their services. C. take risks in order to earn profits. D. are unemployed except during economic boom periods.
The above table has data from the nation of Media. Based on these data, when disposable income is $8.0 trillion, saving is
A) -$1.5 trillion. B) $1.5 trillion. C) $7.5 trillion. D) $0.5 trillion. E) -$0.5 trillion.
Countries with floating exchange rates have certain characteristics. Indicate the one that does not apply to those countries
A) closed economy B) small economy C) diversified trade D) divergent inflation rates
Mergers often increase profit by
A) producing economies of scale. B) producing economies of scope. C) increasing efficiency of the firm. D) All of the above.