Refer to the information provided in Figure 1.4 below to answer the question(s) that follow.
Figure 1.4Refer to Figure 1.4. Which of the Panels shows a curve or line that has a slope that is first positive and then negative?
A. A
B. B
C. C
D. D
Answer: B
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If government purchases decreases by $1 million while net taxes are unchanged, then:
A. public saving increases. B. private saving increases. C. public saving decreases. D. public saving does not change.
Between 2013 and 2016, a country's nominal GDP grew by 18 percent and its inflation rate (based on the chain-weighted price index for GDP) was 11 percent. How fast did real GDP grow over this period?
What will be an ideal response?
We may not be able to fully remove risk by diversification if:
A) a completely risk-free asset does not exist. B) the asset returns in our portfolio are positively correlated. C) buying stock on margin is not allowed by financial regulators. D) none of the above
Banks are required to disclose certain information. This disclosure is done for all of the following reasons except:
A. to allow financial market participants to penalize banks that carry additional risk. B. create uniform prices for standard bank services. C. to enable regulators to more easily assess the financial condition of banks. D. to allow customers to more easily compare prices for services offered by banks.