Reducing pollution to zero emissions would be socially efficient
a. True
b. False
Indicate whether the statement is true or false
False
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During an economic expansion when real GDP increases, the
A) demand for money decreases. B) nominal interest rate is constant. C) demand for money increases. D) supply of money decreases. E) real interest rate is constant.
In game theory, a Nash equilibrium is the equilibrium that always yields the best result
Indicate whether the statement is true or false
“Common stock” is the type only sold to small investors.
Answer the following statement true (T) or false (F)
Last year you purchased 20 CDs at $12 a piece, 10 shirts at $15 each, and 5 sweaters at $30 each (total spending equals $540). This year you buy 18 CDs at $15 each, 10 shirts at $16 each, and 6 sweaters at $36 each (total spending equals $640)
If last year's index was 100, this year's index A) is 119.6. B) is 118.5. C) is 83.6. D) is 30.