Which of the following assets is most liquid?
a. funds in a checking account
b. a car
c. ten acres of land
d. a television
a
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The federal agency established in 1934 to regulate telephones and broadcasting industries is the:
a. Interstate Commerce Commission (ICC). b. Federal Trade Commission (FTC). c. Securities and Exchange Commission (SEC). d. Equal Employment Opportunity Commission (EEOC). e. Federal Communications Commission (FCC).
A simultaneous rise in both aggregate demand and short-run aggregate supply will definitely
A) raise the price level, but there is not enough information provided to know how Real GDP will change. B) lower Real GDP, but there is not enough information provided to know how the price level will change. C) raise the price level and Real GDP. D) raise Real GDP, but there is not enough information provided to know how the price level will change. E) raise the price level and lower Real GDP.
A couple that is currently renting but is contemplating a move to another city in the near future should
What will be an ideal response?
The public debt is the sum of all previous:
a. Budget deficits of the Federal government b. Expenditures of the Federal government c. Budget surpluses minus the current budget deficit of the Federal government d. Budget deficits minus any budget surpluses of the Federal government