When the interest rate falls, the
A. transactions demand for money increases.
B. total amount of money demanded decreases.
C. asset demand for money decreases.
D. total amount of money demanded increases.
Answer: D
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Which of the following is NOT a government response to asymmetric information?
A) liability laws B) social regulation C) manufacturer's warranties D) government licensing
The unemployment rate measures the percentage of discouraged workers in the labor force
a. True b. False Indicate whether the statement is true or false
Rory receives, from an insurance company, a payment of $5,000 each year, and he will continue to receive these payments until he dies. This series of payments is called a(n)
a. portfolio. b. bond. c. dividend. d. annuity.
Long-term chronic unemployment that results even when the economy is producing at a normal rate is called ________ unemployment.
A. global B. cyclical C. structural D. frictional