In the late 1990s, M2 velocity ________, suggesting a ________ normal relationship between M2 and macroeconomic variables
A) stabilized; less
B) stabilized; more
C) slowed; less
D) slowed; more
B
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Which type of bond would you purchase if you expected higher rates of inflation during the life of the bond?
A) Treasury bond B) TIPS C) corporate bond D) municipal bond
Suppose the price of crude oil drops from $150 a barrel to $120 a barrel. The quantity bought remains unchanged at 100 barrels. The coefficient of price elasticity of demand in this example would be
A) -0.5. B) infinity. C) -1.0. D) 0.
Improvements in transportation during the first half of the 19th century
a. enhanced labor mobility and made both product and labor markets more competitive. b. helped local political entities create monopolies, making both product and labor markets less competitive. c. were only profitably implemented in the Northern states, causing product shortages in the Southern states. d. None of the above are correct.
In the United States, families headed by single women have higher poverty rates than families headed by single men or by married couples
a. True b. False Indicate whether the statement is true or false