The provision of loan guarantees can improve economic efficiency when
What will be an ideal response?
the project supported has significant external benefits.
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Demand-pull inflation is illustrated in the short run aggregate supply-aggregate demand model as a shift of the aggregate ________.
A. demand to the left B. demand to the right C. supply to the left D. supply to the right
What's the firm's contribution margin?
a. $1800 b. $800 c. $1000 d. $300
Which of the following is an example of a zero-sum game?
a. Jill decides to buy a television set from Jack for $500. b. Angela buys a jacket worth $30 from the apparel store near her apartment. c. Rachel decides to buy Sarah's couch and is willing to pay whatever price Sarah might ask for it. d. Joanna buys a camera at a Thanksgiving sale and gets a tripod free.
If you invest $1,000 in a savings account and the annual interest rate is 3.6 percent, your account balance will double in value in approximately _____.
A) 185 years B) 72 years C) 34 years D) 20 years E) 3.4 years