If the money supply is $500 and nominal income is $3,000, the velocity of money is
A) 1/60.
B) 1/6.
C) 6.
D) 60.
C
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Refer to the below graphs. (Assume that the pre-migration labor force in Country A is 100 and that it is 150 in country B.) Domestic output in country B will, after immigration:
A. Increase by $50M
B. Increase by $250M
C. Decrease by $50M
D. Decrease by $250M
Which of the following countries achieved economic growth, in part, by reducing its population growth rate?
a. The former Soviet Union b. The United States c. The United Kingdom d. China e. Hong Kong
Since a monopolist firm will lose some customers when the price is increased, it will make every effort to keep the price as low as possible
a. True b. False Indicate whether the statement is true or false
Which of the following does not contribute to the high productivity of the U.S. economy?
A. Factor mobility. B. The capital stock. C. Technology. D. Negative externalities.