The return on wealth is
A. a stock or flow variable depending upon whether the wealth is in the form of bonds or other financial assets.
B. income.
C. a stock variable.
D. equal to the opportunity cost of holding capital.
Answer: B
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While the budget deficit represents a ________, the public debt represents a ________
A) flow; flow B) stock; flow C) flow; stock D) stock; stock
Which of the following increases the quantity of money demanded?
A) a fall in the nominal interest rate B) a rise in the nominal interest rate C) a rise in the inflation rate D) a rise in the real interest rate E) an increase in real GDP
Refer to the figure above. Which of the following best describes a method to compensate the group that was made worse off when Barylia opened to free trade?
A) The buyers could be taxed and the tax revenue could be used to compensate the sellers. B) The sellers could be taxed and the tax revenue could be used to compensate the buyers. C) Barylia could sell the calculators at a price below the domestic equilibrium price in the global market. D) Barylia could sell the calculators at a price above the world price in the global market.
Joe wants to achieve the highest position possible with the XYZ Co During the interview, he tells them he is capable of performing many difficult tasks. The company feels there is an 10% chance he is lying
Given the payoff matrix in the above figure, what job level will the company offer to Joe? Why?