Refer to the graph shown. Expectations of inflation at point B are:
A. 1 percent.
B. 2 percent.
C. 3 percent.
D. unknown.
Answer: C
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The country of Kemper is on its aggregate production function at point W in the above figure. The government of Kemper passes a law that makes 4 years of college mandatory for all citizens. After all citizens have their education, the economy will
A) move to point such as Y. B) remain at point W. C) move to point such as X. D) move to point such as Z.
Roderick received a $100 savings bond for his graduation. The bond pays $100 at maturity, which is in five years. If the interest rate is 6%, the bond has a present value of $90.09
Indicate whether the statement is true or false
The most popular diagnosis of poverty is Flawed Character
Indicate whether the statement is true or false
A higher rent ________ lead to an increase in the quantity of land supplied.
A. will definitely B. will probably C. may D. will not