When I purchase ________, I own a portion of a firm and have the right to vote on issues important to the firm and to elect its directors
A) bonds
B) bills
C) notes
D) stock
D
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Refer to Table 19-20. Given the following information, calculate the rate of increase in the price level from 2015 to 2016
A) 8.6% B) 7.9% C) -7.9% D) -8.6%
Assuming that (1) labor supply is perfectly inelastic (vertical), and (2) immigrants and skilled labor are complements, an increase in unskilled immigrant labor ___________ the real wages of unskilled labor and __________the real wages of skilled labor
a. increases; increases b. increases; decreases c. decreases; increases d. decreases; decreases
The price index was 128 in 2013, and the inflation rate was 24 percent between 2012 and 2013 . The price index in 2012 was
a. 104.0. b. 103.2. c. 158.7. d. 152.0.
The discount rate is the rate of interest at which:
A. Federal Reserve Banks lend to commercial banks. B. savings and loan associations lend to some builders. C. Federal Reserve Banks lend to large corporations. D. commercial banks lend to large corporations.