When detailing the impact of monetary policy, a Keynesian econometric model is likely to emphasize the link between
A) interest rates and investment.
B) the money supply and inflation.
C) velocity and economic growth.
D) aggregate supply and the money supply.
A
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Which of the following functions is least likely to represent a real demand curve?
A) Q = 120 - 2P B) Q = 120 - 3P + 2I C) Q = 120/P D) Q = 120 + 3P - 2I E) Q = 120/(Pa + Pb)
Good Boy Super Treats produces healthy treats for dogs. At its current advertising level, Good Boy Super Treats marginal cost of advertising is $1.3 million and their marginal benefit is $1 million. Which of the following is true?
A) The firm should increase the amount of advertising to increase its net profit. B) The firm should reduce the amount of advertising to increase its net profit. C) If the firm decreases the amount of advertising, its net profits will decrease. D) The firm is currently maximizing its net profit.
The major assets and liabilities of a bank are
a. demand deposits and reserves, respectively b. demand deposits and gold, respectively c. reserves and demand deposits, respectively d. reserves and excess reserves, respectively e. demand deposits and excess reserves, respectively
Due to the trend in U.S. out-of-pocket health care spending over the past 50 years, the fraction of the true cost of health care being paid directly by consumers
A) has been rising. B) has been falling. C) has remained relatively constant. D) has reached zero.