"Gross Investment spending" refers exclusively to purchases of plant and equipment by businesses and net changes in business inventories
Indicate whether the statement is true or false
FALSE
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All the following would be a possible loan that the International Monetary Fund might make EXCEPT
A) long-term loans to a nation's government which support growth promoting projects. B) short-term loans to a nation's government. C) long-term loans to countries which are having problems in repaying existing debts. D) a loan to a private firm.
Decisions regarding purchases and sales of securities by the Fed are made by: a. FDIC
b. Discount Committee. c. Federal Open Market Committee. d. Federal Funds Committee.
If a large number of individuals file unemployment claims while working in the underground economy: a. the unemployment rate overstates the level of unemployment
b. the unemployment rate understates the level of unemployment. c. the accuracy of the unemployment rate is not affected. d. discouraged worker statistics will underestimate the true state of frustration by job seekers.
Refer to Figure 7.5. The deadweight loss associated with the monopoly would be:
A. $787.5. B. $612.5. C. $262.5. D. There is not sufficient information.