The advantage of real GDP as a measure is the fact that it only increases
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Refer to Figure 10.1. The minimum feasible price is ________
A) P1 B) P2 C) P3 D) P4 E) none of the above
The demand for Picasso paintings rises (holding everything else equal) when
A) stocks become easier to sell. B) people expect a boom in real estate prices. C) Treasury securities become riskier. D) people expect gold prices to rise.
Why might Congress benefit from the Fed being self-financed?
A) Self-financing increases Congressional control over the Fed. B) Self-financing reduces the Fed's exposure to external pressures. C) Self-financing gives the Fed an incentive to expand the money supply, which ultimately results in Congress having additional funds to spend. D) Congress does not benefit from the Fed being self-financed; Congress is obliged by the Constitution to allow the Fed to be self-financed.
A corporation’s income is taxed
A. on a quarterly basis. B. when the returns are distributed to its owners. C. at very low rates to compensate for its unlimited liability. D. at the corporate level and at the level of its stockholders.