Which firm provides the better signal when trying to decide which of the? firms' stock to? buy?
A. Firm? D, which? hasn't been under SEC investigation for over 5 years.
B. Firm? C, which has seen its stock go up by? $20 per share in the last week.
C. Firm? B, which uses an internal group for auditing.
D. Firm? A, which uses an independent accounting firm for auditing.
Answer: D. Firm? A, which uses an independent accounting firm for auditing.
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Suppose the U.S. price level is 150, the German price level is 450, and the Swiss price level is 600
If exchange rates are 3 euros/dollar and 4 francs/dollar, then purchasing power parity ________ between Germany and the United States and ________ between Switzerland and the United States. A) does not hold; holds B) holds; does not hold C) does not hold; does not hold D) holds; holds
Which of the following is most likely to reduce structural unemployment?
a. A reduction in wage rates b. Access to better information on local job openings c. Retraining workers in marketable skills d. Promotion of full employment through government stabilization policies e. Reducing the cost of job loss through enhanced unemployment benefits
Which of the following would be the best example of a spot market?
a. the market for fine art b. the market for bananas c. the market for stocks and bonds d. the market for baseball cards
If incomes rose proportionately with prices, then in the absence of taxes
a) money would cease to be a veil b) real GDP would increase c) everyone would be worse off d) prices would have no effect on output or well-being e) resources would be over allocated to the present at the expense of future generations