Real money supply expresses the money supply in terms of real goods and services
Indicate whether the statement is true or false
TRUE
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Older Americans living on a pension and therefore on a fixed income, tend to be made
What will be an ideal response?
The propensity ?0 + ?1+ … + ?k is sometimes called the:?
A. ?short-run elasticity, which measures the percentage increase in a dependent variable after k quarters given a permanent 1% increase in the k independent variables. B. ?long-run elasticity, which measures the percentage increase in a dependent variable after k quarters given a permanent 1% increase in the k independent variables. C. ?short-run elasticity, which measures the percentage decrease in a dependent variable after k quarters given a permanent 1% decrease in the k independent variables. D. ??long-run elasticity, which measures the percentage decrease in a dependent variable after k quarters given a permanent 1% decrease in the k independent variables.
Which of the following is a microeconomic concern?
A) the rate of economic growth in a small nation of Cuba B) the current unemployment rate in the United Kingdom C) consumer behavior in the smartphone market D) national output of Canada
The ability to deter entry requires
A) a credible threat that if entry occurs the firm is willing to produce more than they would otherwise. B) a credible threat that if entry occurs the firm will not produce more than they would otherwise. C) a good lawyer. D) a clever accounting department.