The Keynesian transmission mechanism could be blocked by either interest-insensitive investment or by the liquidity trap

Indicate whether the statement is true or false


True

Economics

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A bond is a financial security that represents

A) the portion of profits paid to shareholders. B) ownership in a corporation. C) the interest rate paid on a share of stock. D) a promise to repay a fixed amount of funds.

Economics

The wage rate needed to generate enough earnings to reach the 4-person poverty line is often referred to as the "working wage"

Indicate whether the statement is true or false

Economics

If the price of a good increases compared to the base year, then the price level also increases

a. True b. False Indicate whether the statement is true or false

Economics

What is a disadvantage of operating a sole? proprietorship?

A. Single layer of taxation B. Simplicity C. Flexibility and control D. Privacy E. Finite life span

Economics