In the above figure, if the interest rate is 4 percent, people
A) sell bonds so as to convert them into money.
B) buy bonds so as to have a better store of value.
C) petition the Fed to tighten the quantity of money.
D) buy stocks, because stocks are more liquid than currency.
A
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The share of income received by different groups is called ________
Fill in the blank(s) with correct word
Fill in the blank: Wealth, in the economic way of thinking, is ________
A) whatever people value B) owned financial assets C) impossible to study scientifically D) indefinable E) any material thing
Which view of the causes of the Great Depression emphasizes that there is little evidence that the economy was suffering from any real shortage of money; the problems, instead, stemmed from a fall of private consumption and investment spending?
(a) The Monetarists' (b) The Keynesians' (c) The Austrians' (d) The International View
As of 2010, the Gini coefficient was 33.9 in India and 40.8 in the United States. We can interpret this to mean that inequality:
A. is greater in India than the United States. B. is greater in the United States than in India. C. is about the same in the two countries. D. is not a problem in either country.