Which of the following examples shows a shortage?
a. At $50 per watch, a company produces 10,000 watches and sells the same amount.
b. At $50 per watch, a company produces 10,000 watches and has a demand for 100 more.
c. At $50 per watch, a company produces 5,000 watches and sells 4,998.
d. At $50 per watch, a company produces 5,000 watches and sells 1,000.
b. At $50 per watch, a company produces 10,000 watches and has a demand for 100 more.
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In principle, the government could increase the money supply or increase government expenditures to try to offset the effects of a wave of pessimism about the future of the economy
a. True b. False Indicate whether the statement is true or false
Which of the following is correct?
A. SMC = PMC - MD B. MPB = MSB + MEB C. SMC = PMC + MD D. MSC = MPB E. MSB = MSC + MPB
Which of the following creates difficulties in making comparisons of real GDP across nations?
A. Each nation has a different population. B. Nations produce different goods and services. C. Relative prices differ sharply across countries. D. Nations often have different languages.
Ted spread is
A) the difference between the riskless rate and the rate at which banks are willing to lend to each other. B) the difference between the riskless rate and the yield on corporate bonds. C) the difference between the riskless rate and return on stocks. D) none of the above