In the production function, Y = zF(K, Nd), total factor productivity is
A) Y/K.
B) Y/Nd.
C) F/Y.
D) z.
D
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The unemployment rate in the United States at the peak of the Great Depression was ________ percent.
A. 20 B. 10 C. 25 D. 5
In the above figure, which curve indicates that the level of food production does not affect the population growth rate?
A) F B) G C) H D) I
Suppose your bank raises its minimum-balance requirement for free checking on checking accounts by $500. You take $500 out of your passbook savings account and put it in your checking account. What is the overall effect on M1 and M2?
A) M1 rises by $500, M2 falls by $500. B) M1 is unchanged, M2 is unchanged. C) M1 rises by $500, M2 is unchanged. D) M1 is unchanged, M2 falls by $500.
An interest rate is an example of a rate of __________.
a. inflation b. frequency c. return d. employment