Which of the following items does not provide a store of value?
a. All of the answers are correct.
b. Credit cards
c. Currency
d. Checkable deposits
b
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Refer to Figure 18.3. In autarky, the maximum amount of pogo sticks that Livonia can produce is
A) 120. B) 100. C) 80. D) 40.
The first table shows the market demand schedule for CDs, and the second table shows the cost structure of each firm. The CD market is perfectly competitive and there are 100 identical firms
The market price of a CD is ________, and ________ CDs are produced and sold. A) $9.00; 20,000 B) $9.50; 15,000 C) $10.00; 10,000 D) $8.50; 24,000
Federal government expenditures, as a percentage of GDP,
A) rose from 1950 to 1991, fell from 1992 to 2001, and have risen from 2001 to the present. B) rose from 1950 to 1980, fell from 1981 to 2001, and have risen from 2001 to the present. C) have fallen since the early 1950s to the present. D) rose from 1950 to 2001 and then fell from 2001 to the present. E) have risen since the early 1950s to the present.
When there is an excess supply of money,
a. people will try to get rid of money causing interest rates to rise. Investment increases. b. people will try to get rid of money causing interest rates to fall. Investment decreases. c. people will try to get rid of money causing interest rates to fall. Investment increases. d. people will try to get rid of money causing interest rates to rise. Investment decreases.