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
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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.
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
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
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