"Ceteris paribus" means
A. "making all the necessary changes."
B. "other things equal."
C. "at the aggregate level."
D. "invisible hand."
Answer: B
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The portfolios of property and casualty insurance companies are generally concentrated in
A) liquid assets. B) mutual funds. C) primary securities. D) U.S. Treasury bonds.
As a result of the financial crisis, checkable deposits:
A) became a smaller portion of overall liabilities B) experienced little change C) hit a new record high in terms of the percent of liabilities D) nearly doubled in terms of the percent of liabilities
Suppose the real interest rate in the economy is 3% and the nominal interest rate is 6%, what is the current inflation rate?
a. 18% b. 9% c. 2% d. 3% e. 2.5%
The costs associated with the negotiation and enforcement of an agreement are
A) property costs.
B) resource factor costs.
C) transaction costs.
D) attorney fees.