The price a borrower must pay for the use of other people's money is called
A) a dividend.
B) financial capital.
C) liquidity.
D) interest.
D
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Mathematically, the marginal propensity to consume is:
a. consumption divided by income. b. the change in consumption divided by the change in income. c. income divided by consumption. d. the change in income divided by the change in consumption.
In popular usage the term investor is used to refer to
a. a speculator in futures markets. b. a buyer of risky assets. c. an entrepreneur who purchases machinery and equipment to expand production. d. individuals whose primary source of income is from returns on financial assets.
A restrictive monetary policy is designed to shift the:
A. aggregate demand curve rightward. B. aggregate demand curve leftward. C. aggregate supply curve rightward. D. aggregate supply curve leftward.
A mixed economy blends private and public elements.
Answer the following statement true (T) or false (F)