In the Keynesian model, interest rates are determined by
A) aggregate demand and aggregate supply.
B) saving and investment.
C) the demand for and supply of money.
D) the velocity of money.
C
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Philosopher John Rawls's argument in favor of income equality presumes that with no prior knowledge of where a person would fit into an income distribution, the person's fear of ending up in poverty overshadows his or her joy of ending up rich
Indicate whether the statement is true or false
In 2013, new stock sales accounted for ____ in corporate financing because corporations bought back some of their stock
a. $2 billion b. -$384 billion c. $1 trillion d. ?$65 billion
If we assume sticky prices in both foreign and domestic trading nations, the rate of pass-through from the nominal to the real exchange rate falls as:
a. the percentage of traded goods priced in foreign currencies rises. b. the percentage of traded goods priced in the domestic currency rises. c. the percentage change in the exchange rate exceeds the percentage increase in inflation. d. traders find new markets and are able to avoid nations with currency depreciations.
For a firm in a perfectly competitive industry
A. short-run economic profits must be zero. B. both short-run and long-run economic profits may be negative. C. short-run economic profits may be positive, but long-run economic profits must be zero. D. short-run and long-run economic profits must be zero.