Legally established titles to the ownership, use, and disposal of factors of production are referred to as
A) property rights.
B) Coase rights.
C) pollution rights.
D) emission rights.
E) price-setting rights.
A
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What is the real interest rate if the nominal interest rate is 7 percent and the expected inflation rate is 7 percent?
Unemployment caused by people voluntarily quitting work in order to seek more attractive employment is called:
a. the natural rate of unemployment. b. full employment. c. cyclical unemployment. d. frictional unemployment. e. structural unemployment.
The Federal Reserve responded to the 2008 financial crisis in several ways. Which of the following is not one of the ways the Fed responded?
A) The Fed made investment banks eligible for discount loans. B) The Fed lent investment banks Treasury securities in exchange for mortgage-backed securities. C) The Fed lowered the required reserve ratio on demand deposit accounts in order to increase the amount of bank reserves. D) The Fed helped JP Morgan to acquire Bear Stearns, a nearly bankrupt investment bank.
Refer to the table representing Darcy's bank account. Assuming that $1,000 was deposited into her account at the beginning of year 1, and no further deposits or withdrawals were made, which cell(s) represents the future value of the initial deposit if the money remains in the account for two years?
A. Cell B only.
B. Cell A only.
C. Cells A and D.
D. Cells B and C.