The components of investment expenditures include all of the following except
A) financial investment.
B) residential investment.
C) non-residential investment.
D) inventory investment.
A
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The organization that settles trade disputes between countries is the
A) World Bank. B) World Trade Organization. C) International Monetary Fund. D) United Nations.
Refer to the game between James and Theodore depicted in Figure 12.2. Which of the following is true?
A. If James chooses Up, Theodore's best response is to choose Left.
B. If James chooses Down, Theodore's best response is to choose Left.
C. If Theodore chooses Left, James's best response is to choose Down.
D. If Theodore chooses Right, James's best response is to choose Up.
Ms. Dunlap has just won the big bingo prize. She has two options for receiving her prize. She can either take a $1,050 now or two installments of $550, one now and one next year. At what interest rate would the two payments be equivalent?
A. 4.75 percent. B. 8.25 percent. C. 10 percent. D. 15 percent.
Expansionary monetary policy results in a shift of the aggregate demand curve to the right. The effect of the monetary policy on the aggregate demand is:
A. direct from the money supply to the aggregate demand. B. indirect through the short-term and long-term interest rates. C. indirect through the government expenditures. D. direct from the money supply to the aggregate supply.