What is one potential effect of very high GDP and very low unemployment?
A. A recession
B. Stagnation
C. Falling interest rates
D. Inflation
Answer: D
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The negative effect of having more potential volunteers resulting in a reduced likelihood of a beneficial outcome is known as the
A) diffusion effect. B) externalizing effect. C) group dynamic effect. D) size effect.
If a corporate bond with a face value of $20,000 pays yearly coupon payments of $500, what is the coupon rate?
A) 2.5% B) 4% C) 25% D) 40%
If one added up the value of all intermediate goods that went into the production of real GDP, the total value of intermediate goods would be
A. Equal to the GDP. B. Greater than the GDP. C. Less than the GDP. D. None of the choices are correct.
A natural monopoly that is NOT regulated will choose to produce at the
A) minimum point of the long-run average cost curve. B) point at which marginal cost is above average total cost. C) point at which the demand curve intersects the long-run average cost curve. D) point at which marginal revenue equals marginal cost.