The National Maximum Speed Law, passed in 1974, forced states to keep speed limits at 55 miles per hour in an attempt to
A. reduce the variability of speed limits across states.
B. conserve energy.
C. save lives.
D. raise law enforcement revenues through traffic fines.
Answer: B
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If the MPS is 0.1 and the income tax rate is 0.33 the multiplier, k, is approximately
A) 2.5. B) 2.0. C) 10. D) 3.
Interest is not the price of money, which can be seen when interest rates rise rapidly in an economy where
A) barter exchange displaces money exchange. B) people lose interest in money. C) the demand for money increases rapidly. D) the supply of money increases rapidly.
Organizational structure forms evolved based on
A) new theories of management. B) the ability of new forms to add accounting profits. C) the ability of new forms to cover the cost of capital. D) the ability of new forms to add value.
According to the classical dichotomy, which of the following is influenced by monetary factors?
a. the real wage. b. the real interest rate. c. the nominal interest rate. d. All of the above are correct.