The table above gives four production possibilities for airplanes and cruise ships. In possibility A, how many resources are devoted to the production of airplanes?
A) 0
B) few
C) most
D) all
E) It is impossible to tell without more information about the prices of airplanes and cruise ships.
D
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The existence of inflation and other possible uncertainties reduces the usefulness of money as a store of value
a. True b. False Indicate whether the statement is true or false
If inflation is the major problem in the economy, which of the following would be an appropriate monetary policy response?
a. decreasing government spending b. decreasing the discount rate c. decreasing reserve requirements d. none of the above
The difference between the nominal interest rate and the rate of inflation is: a. the prime rate
b. the real interest rate. c. the discount rate. d. coupon rate.
In the demand and supply analysis of ___________ markets, the “price” is the rate of return or the interest rate received.
a. financial b. retail c. industrial d. agricultural