Which term refers to provisions in a law or a contract whereby monetary payments are automatically adjusted whenever a specified price index changes?
a. Contango
b. Swap
c. Averaging
d. Indexing
d
You might also like to view...
During recent years, the Fed's focus has clearly been on the use of
A) the discount rate. B) the federal funds rate. C) the M2 money supply. D) borrowed reserves.
The total revenue is the
a. (change in price) × (change in output) b. (price) × (change in output) c. (change in price) × (output) d. (price) × (output) e. (change in marginal revenue) × (price)
The equation representing the final demand approach to calculating GDP is
a. Y = C + I + X + IM. b. Y = C + I + G. c. Y = G + I + X ? IM. d. Y = C+ I + G + (X ? IM).
A price-setting firm faces the following estimated demand and average variable cost functions:Qd = 800,000 - 2,000P + 0.7M + 4,000PRAVC = 500 - 0.03Q + 0.000001Q2where Qd is the quantity demanded, P is price, M is income, and PR is the price of a related good. The firm expects income to be $40,000 and PR to be $53. Total fixed cost is $2,600,000. What is the firm's profit?
A. $1,200,000 B. -$2,600,000 C. $1,470,000 D. $1,600,000