The expenses a company must pay before it can begin to produce and sell goods:
a. start-up costs
b. merger
c. patent
d. monopoly
e. deregulation
Ans: a. start-up costs
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The proposal to keep the quantity of money growing at a slow constant rate is an example of
A) a constant federal funds rate rule. B) a nominal GDP targeting rule. C) an inflation rate targeting rule. D) discretionary policy. E) a money targeting rule.
Refer to the scenario above. What can Edward do to induce the housekeeper to work regularly?
A) Pay an efficient wage B) Pay a lower money wage C) Pay a lower real wage D) Pay the minimum wage that the housekeeper would accept
Bank capital is equal to ________ minus ________
A) total assets; total liabilities B) total liabilities; total assets C) total assets; total reserves D) total liabilities; total borrowings
The cost of maintaining unemployment below its natural rate with expansionary government policy is: a. increasing inflation
b. decreasing inflation. c. always a larger federal deficit. d. always a smaller federal deficit.