When total product is increasing at a decreasing rate, marginal product is:
A. positive and increasing.
B. constant.
C. negative.
D. positive and decreasing.
Answer: D
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The demand for government regulation of sellers most often originates with
A) consumers. B) economists. C) politicians. D) sellers.
A krone/euro peg alone is
A) not enough to provide automatic stability in the face of any monetary shocks that shift the AA schedule. B) enough to provide automatic stability in the face of any monetary shocks that shift the AA schedule. C) not enough to provide automatic stability in the face of any monetary shocks that shift the AA schedule, provided fiscal policy will be used as well. D) enough to provide automatic stability in the face of any monetary shocks that shift the AA schedule, provided the government runs a budget deficit. E) enough to provide partial stability in the face of smaller monetary shocks that shift the AA schedule.
Which of the following is not a type of bond?
a. income bond b. convertible bond c. junk bond d. wayward bond e. none of these
A one-time rise in the price level is:
A. not inflation. B. inflation if that rise is above 10 percent. C. inflation if that rise is above 5 percent. D. inflation if that rise is above 15 percent.