Government bonds are government securities with terms of
A. one month.
B. six months.
C. more than one year.
D. three months.
Answer: C
Economics
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Social Security benefits, welfare payments, and farm support payments are examples of:
A. public interest payments. B. investment spending. C. consumption spending. D. transfer payments.
Economics
Explain the concept of purchasing power parity
What will be an ideal response?
Economics
Firms in monopolistic competition can achieve product differentiation by
A) expanding plant size. B) exploiting economies of scale in production. C) advertising special characteristics. D) setting the price equal to average revenue.
Economics
If MPL = 3, and MRTS = -4 what is MPK?
A) 12 B) -12 C) 3/4 D) -3/4
Economics