The triple-A corporate bond rate is the rate that ________ on bonds that they issue.

A. commercial banks pay
B. the government pays
C. the Fed pays
D. the least risky firms pay


Answer: D

Economics

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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; potential C. higher; higher D. lower; higher

Economics

The granite boulders in Rocky Mountain National Park are a favored place among talented climbers who specialize in the art of bouldering, or climbing harder (but shorter) routes without tying into a rope

Climbers have taken to (illegally) stashing foam crash pads underneath the boulders but marmots and other rodents chew up the pads and the litter is spread by the wind. To limit overuse of this park, suppose a limited number of permits are sold each year to climbers who can sell them at any time to other climbers. This method of achieving efficient use of a common resource is most like what government policy? A) Production quota B) Property right C) Individual transferable quota D) Marginal social benefit right

Economics

During the Great Depression of the 1930s, how much did output fall between 1929 and 1933?

a. 5 percent b. 10 percent c. 20 percent d. 30 percent e. 50 percent

Economics

Refer to the information provided in Figure 7.4 below to answer the question(s) that follow.  Figure 7.4Refer to Figure 7.4. The marginal product of the first worker is

A. 12. B. 16. C. 20. D. 32.

Economics