_____ in the United States relative to GDP increased from 37 percent in 1994 to 40 percent in 2013
a. Interest rates
b. Government outlays
c. Government revenues
d. Unemployment rates
e. Government deficits
b
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The demand curve for labor shows how many hours workers demand to work
Indicate whether the statement is true or false
Why do perfectly competitive firms maximize their profits by producing so that the price is equal to marginal cost, but monopolists maximize their profits by setting a price that is greater than marginal cost?
What will be an ideal response?
Because of the threat of arbitrage, the forward rate must equal the spot rate at all times
Indicate whether the statement is true or false
For small investors, the best way to pursue a "buy and hold" strategy is to
A) buy and sell individual stocks frequently. B) buy no-load mutual funds with high management fees. C) buy no-load mutual funds with low management fees. D) buy load mutual funds.