The global capital market is very competitive and efficient
Indicate whether the statement is true or false
True
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You earn $500 a month, currently have $200 in currency, $100 in your checking account, $2,000 in your savings accounts, $3,000 worth of illiquid assets and $1,000 of debt. You have
A) money = $2,300, annual income = $6,000, and wealth = $5,000. B) money = $300, annual income = $6,000, and wealth = $4,300. C) money = $300, annual income = $6,000, and wealth = $5,000. D) money = $200, annual income = $500, and wealth = $4,300.
If the government cuts taxes, total spending will fall and AD will shift to the left, ceteris paribus
a. True b. False Indicate whether the statement is true or false
Susan put $375 into an account and one year later had $405 . What interest rate was paid on Susan's deposit?
a. 5 percent b. 7 percent c. 8 percent d. 10 percent
Liquidity refers to how:
A. easy an asset is to convert immediately to cash without losing value. B. quickly the same dollar changes hands in the economy. C. easy money converts to assets in an economy. D. quickly the average household spends its disposable income.