Saving is a ________ concept and savings are a ________ concept.
A. flow; flow
B. stock; stock
C. stock; flow
D. flow; stock
Answer: D
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Which of the following is NOT a reason why people are motivated to hold money?
A) precautionary demand B) liability demand C) asset demand D) transactions demand
Suppose the government has imposed a price floor on the market for soybeans. Which of the following events could transform the price floor from one that is not binding into one that is binding?
a. Farmers use improved, draught-resistant seeds, which lowers the cost of growing soybeans. b. The number of farmers selling soybeans decreases. c. Consumers' income increases, and soybeans are a normal good. d. The number of consumers buying soybeans increases.
Which of the following will occur if a legal price floor is placed on a good below its freemarket equilibrium?
What will be an ideal response?
The linear regression equation, Y = a + bX, was estimated. The following computer printout was obtained: 
Given the above information, if X equals 20, what is the predicted value of Y?
A. -186.42 B. 186.42 C. -411.72 D. 165.69