Name the three types of unemployment
What will be an ideal response?
cyclical, frictional and structural
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Measuring the sensitivity of bank profits to changes in interest rates by multiplying the gap for several maturity subintervals times the change in the interest rate is called
A) basic gap analysis. B) the maturity bucket approach to gap analysis. C) the segmented maturity approach to gap analysis. D) the segmented maturity approach to interest-exposure analysis.
The marginal propensity to consume is
a. disposable income divided by consumption. b. the change in consumption divided by the change in disposable income. c. consumption divided by disposable income. d. the change in disposable income divided by the change in consumption.
If a general partnership fails, who is responsible for the debts?
a. anyone who works for the partnership b. all the partners c. only the most senior general partner d. no one
A decrease in demand would be represented by
A. an upward movement along the demand curve. B. the price of a good going up. C. a downward movement along the demand curve. D. a shift of the demand curve to the left.