A numerical target that companies must meet for the hiring of minorities is called a(n)
A) subsidy.
B) quota.
C) audit.
D) allotment.
B
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How can one tell from cross elasticity what kind of relationship exists between any two goods?
What will be an ideal response?
A medium of exchange is
A) any asset that sellers will accept as payment. B) a measure by which prices are expressed. C) an asset that is used to settle future debts. D) the thing traded when barter takes place.
If the federal government wishes to move the economy out of a recessionary gap, the appropriate fiscal policy is a(n)
a. increase in taxes. b. decrease in government purchases. c. decrease in transfer payments. d. None of the above are correct.
In periods when prices are falling, on average
A) real GDP will grow slower than nominal GDP. B) real GDP will grow faster than nominal GDP. C) real GDP will grow as fast as nominal GDP. D) one cannot calculate real GDP.