According to Keynes, the key difference between money and bonds is that
A) money is an asset.
B) bonds are an asset.
C) money is less risky.
D) bonds are tax exempt.
C
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What are some of the forms that central planning has taken in developing nations today?
What will be an ideal response?
As the dollar price of a euro falls
A) U.S. residents will purchase fewer French imports. B) the quantity of euros supplied will increase. C) French goods will be less expensive to U.S. residents. D) French residents will increase their purchases of U.S. assets.
If an economy keeps increasing its capital stock, then over time its production possibilities curve will:
A. not move. B. shift to the left. C. shift to the right. D. disappear because scarcity ceases to exist.
A firm advertising using an expensive, famous spokesperson is often
A) aimed to raise rivals' costs. B) used to increase the total market demand. C) used to steal customers from rivals. D) used to focus on general problems the product addresses.