Checking accounts that pay interest are included in the:
A. "demand deposits" part of M1.
B. "other checkable deposits" part of M1.
C. "savings deposits" part of M2.
D. "money market mutual funds deposits" part of M2.
Answer: B
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Which of the following statements is false?
Game Matrix IV
The following questions refer to the game matrix below.
Player A can play the strategies UP and DOWN and Player B can play the strategies LEFT and RIGHT.
a. Player A has a dominant strategy.
b. Player B has a dominant strategy.
c. This is a Prisoners' Dilemma.
d. This game has no Nash Equilibrium.
In a small country, the adult population equals 10,000. In that country, 8,000 people are in the labor force and 200 people are unemployed. The unemployment rate equals
A) 2.5 percent. B) 2 percent. C) 4 percent. D) an undetermined amount given the lack of information.
Explain why indifference curves have the following properties: (a) downward slope (b) convex to the origin (c) higher curves reflect higher utility (d) non-intersecting
What will be an ideal response?
With two-part pricing
A) the consumer puts down a deposit and then pays the rest when she picks up the goods purchased. B) the average price paid varies with the number of units purchased. C) the consumer is limited in the number of units that can be purchased. D) consumers are required to buy two units of a good.