The unfunded nature of the Social Security system has no effect on investment
a. True b. False
b
You might also like to view...
The cost of capital is determined by
A) bankers. B) the capital market. C) the federal budget deficit. D) the foreign exchange market.
In 2008, nominal GDP was equal to $14,265 billion while the M1 money supply was $1,423 billion. What was the velocity of the M1 money stock?
a. 1.0 b. 10.0 c. 1.8 d. 0.1
Other things the same, a decrease in aggregate demand decreases both inflation and unemployment
a. True b. False Indicate whether the statement is true or false
A major difference between tariffs and import quotas is that
a. tariffs create deadweight losses, but import quotas do not. b. tariffs help domestic consumers, and import quotas help domestic producers. c. tariffs raise revenue for the government, but import quotas create surplus for those who get the licenses to import. d. All of the above are correct.