A consumer is a lender if
A) optimum current consumption is less than current disposable income.
B) optimum current consumption is greater than current disposable income.
C) current disposable income is greater than future disposable income.
D) the consumer's indifference curves are relatively flat.
A
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The shareholders of a corporation
A) directly manage the corporation. B) are inside directors of the corporation. C) are only comprised of top management for a large corporation. D) elect a board of directors to represent their interests.
Everything else held constant, an increase in the liquidity of bonds results in a ________ in demand for bonds and the demand curve shifts to the ________
A) rise; right B) rise; left C) fall; right D) fall; left
In a randomized controlled experiment
A) there is a control group and a treatment group. B) you control for the effect that random numbers are not truly randomly generated C) you control for random answers D) the control group receives treatment on even days only.
Expected expansionary monetary policy will raise real output beyond the economy's potential level in the short run
Indicate whether the statement is true or false