An asset that can be easily disposed of without high transactions costs and with relative certainty as to its value is
A) solid.
B) liquid.
C) M1.
D) M2.
B
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The basket of goods measured in computing the CPI includes goods produced in prior years and imported goods
Indicate whether the statement is true or false
In 2014, some European countries were dealing with a recession. Workers who were laid off in those countries due to the economic downturn would be
A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.
A country that frequently uses capital controls:
A. will attract more investment. B. decreases the risk for foreign investors. C. increases the risk for foreign investors. D. should see lower interest rates on its domestic bonds and lower prices.
Macroeconomics is concerned with studying the
A) behavior of individual decision makers. B) performance of the economy as a whole. C) prices of specific companies' stocks. D) wants of individual consumers.