A one-year Treasury bill with an annual yield of 10 percent and a price of $909.09 has a face value of
A) $900.
B) $1,000.
C) $980.
D) $1,020.
B
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How did the use of the euro limit the use of monetary policy by European nations severely affected by the Financial Crisis of 2007-2009?
What will be an ideal response?
Since a long run consists of many short runs, the classical model is
a. incorrect every time we look at output data b. accurate during the short run c. paradoxically quite accurate in the long run; however, it is not very accurate in the short run d. our best guide to fluctuations in the economy e. paradoxically quite accurate in the short run; however, it is not very accurate in the long run
Which of the following is an example of government failure?
A. Inefficient incentives. B. Bureaucratic delays. C. Required use of pollution control technology that is obsolete. D. All of the choices are correct.
Economics is a part of the
A) social sciences. B) natural sciences. C) biological sciences. D) organizational sciences.