Of the following, which is NOT a monetary policy rule the Fed could follow?
A) an unemployment rate targeting rule
B) an inflation targeting rule
C) a money targeting rule
D) a k-percent rule
E) a nominal GDP targeting rule
A
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Corporate takeovers of a firm occur
A. when one firm’s market share for their product goes to zero. B. when a group acquires sufficient stock in a firm to take control of the firm’s operations. C. when a new chief executive officer replaces the previous chief executive. D. when a corporation issues new shares of stock.
With regard to incomes at the time of the Revolution,
(a) colonial incomes before taxation were high, but because of heavy taxation, after-tax incomes were lower than those of the British. (b) there is no data available that provide any information on the subject. (c) both before-tax and after-tax colonial incomes were lower than those in England. (d) incomes in the colonies were higher than in England, especially after-tax incomes, because of relatively light taxation of the colonists.
The cross price elasticity of demand for a good is the percentage change in the quantity demanded in response to a given percentage change in
A) income. B) the price of that good. C) the price of another good. D) the quantity demanded of another good.
When residents surrounding an airport complain about noise from aircraft landings and takeoffs, the relevant economic analysis is that of
A. externalities. B. equality-efficiency trade-off. C. comparative advantage. D. the cost decrease of the service sector. E. the cost disease of personal services.