The quantity theory of money assumes that the velocity of money
is constant
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Which question is an example of a macroeconomic question?
A. What is the level of industrial concentration in the U.S. automobile industry? B. What economic incentives can be used to reduce the cost of health care in the nation? C. What policies would be recommended for stimulating national economic growth? D. What market conditions are expected for milk in the nation this year?
If the total costs of producing 1,500 units of output is $15,000 and this output sold to consumers for a total of $16,500, then the firm would earn profits of:
A. $1,000 B. $16,500 C. $1,500 D. $15,000
Savings and loan associations created which type of money?
a. demand deposit accounts b. money market mutual fund accounts c. NOW account deposits d. money market mutual deposit accounts e. share-draft accounts
Bob and Rob have started a food delivery business together called Grub Galore in their college town. They have not incorporated their business and they run it from? Bob's basement and garage. Grub Galore is an example of which form of business? ownership?
A. Sole proprietorship B. Limited liability company C. Master limited partnership D. Corporation E. Partnership