The price index that refers to all final goods and services produced in a country is the
A. GDP inflator.
B. GDP deflator.
C. CPI.
D. PPI.
Answer: B
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Which of the following was NOT a factor in Japan's post-World War II economic success?
a. a high rate of investment b. a well-educated workforce c. a high rate of natural resource discovery d. a high rate of technological adoption
The current (2013) chairperson of the Board of Governors of the Federal Reserve System is:
A. Lawrence Summers. B. John B. Taylor. C. Alan Greenspan. D. Ben Bernanke.
Billy is considering the purchase of a rental house. The house costs $240,000 and it will generate annual revenues of $15,000 and annual expenses of $3,000. What is the internal rate of return of this investment?
A) 5% B) 7.5% C) 3.75% D) 24%
The difference between fiscal policy and monetary policy is that
a. fiscal policy is macroeconomic policy and monetary policy is microeconomic policy b. monetary policy is macroeconomic policy and fiscal policy is microeconomic policy c. fiscal policy involves regulation of natural monopolies and monetary policy involves the provision of public goods d. monetary policy involves regulation of the money supply and fiscal policy involves government spending and taxing e. fiscal policy involves the promotion of competition and monetary policy involves collecting money to pay for taxes