Scarcity is a concept that implies that choices must be made
a. True
b. False
Indicate whether the statement is true or false
True
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A bond is a(n):
A. regular payment made to owners of a firm. B. legal promise to repay a debt. C. agreement issued by a financial intermediary linking savers and investors. D. claim to partial ownership of a firm.
Which of the following would tend to increase aggregate demand, other things equal?
a. An increase in the money supply curve b. A decrease in the money supply curve. c. An increase in the money demand cuvre. d. Both a. and c. would tend to increase aggregate demand, other things equal.
Suppose the government of New Country has fixed the value of its currency, the New Peso, at $1 per New Peso, but the market equilibrium value of the New Peso is $2 per New Peso. In order to maintain the official value of the New Peso the Central Bank of New Country must either ________ domestic interest rates, or ________ the supply of New Pesos by purchasing or increasing their holding of international reserves.
A. lower; decrease B. raise; decrease C. raise; increase D. lower; increase
Refer to the given table. The marginal propensity to consume is:
A. .5.
B. .75.
C. .8.
D. .9.