When the interest rate on a bond is ________ the equilibrium interest rate, in the bond market there is excess ________ and the interest rate will ________
A) above; demand; rise
B) above; demand; fall
C) below; supply; fall
D) above; supply; rise
B
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Which of the following is not correct?
A. Arturo and Dina could each consume 200 tacos and 200 burritos with trade. B. Total consumption of burritos could not be 600 either with or without trade. C. Neither Arturo nor Dina could each consume 200 tacos and 200 burritos without trade. D. Arturo and Dina could each consume 100 tacos and 100 burritos without trade.
Silent auctions are an example of what type of price discrimination?
A. First-degree price discrimination. B. Second-degree price discrimination. C. Third-degree price discrimination. D. It is not price discrimination.
The natural rate of unemployment consists of frictional unemployment plus structural unemployment
Indicate whether the statement is true or false
All else equal and given the current system of exchange rates, if the United States enters a period of exceptionally strong growth,
A) the pressure on the dollar is to revalue. B) the pressure on the dollar is to devalue. C) the pressure on the dollar is to depreciate. D) the pressure on the dollar is to appreciate. E) Both A and D.