Over the 1980 and 1990s, countries that were given large amounts of aid:
A. experienced growth of 1 percent regardless of the policy in place.
B. saw GDP shrink by 1 percent regardless of the policy in place.
C. saw GDP shrink by 1 percent even if they had sound policy in place.
D. experienced mixed impacts on their GDP growth.
D. experienced mixed impacts on their GDP growth.
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Higher real income ________ the demand for money and a higher price level ________ the demand for money.
A. increases; increases B. decreases; decreases C. increases; decreases D. decreases; increases
The following are the equations for the supply and demand curves in the market for weezils: Demand: Qd= 20?2P Supply: Qs= 5 + 3P where Qdis the quantity demanded, Qsis the quantity supplied, and P is the price per weezil in dollars. Refer to Exhibit 4-1. According to the data given, when the market is in Equilibrium, how many weezils are sold?
A. 3 B. 5 C. 11 D. 14
Refer to the scenario above. The net present value of the investment in Plan 4 is equal to:
A) -$8,001. B) -$556. C) -$791. D) -$3,737.
Which of the following anti-inflation policies imposes costs on society?
A) price controls B) indexation C) reduced growth in nominal demand D) all of these