A company requires that all new employees become certified in using Microsoft Office. This investment is in ________ capital.
A. tangible
B. productive
C. human
D. financial
Answer: C
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Monetarists argue that the Treasury's conduct of fiscal policy is the most important factor affecting real GDP and interest rates
a. True b. False Indicate whether the statement is true or false
Which of the following stands true for factors that affect changes in productivity across countries and over time?
a. It is more difficult to measure changes in the quality of goods than changes in the quality of services. b. As energy prices go up, energy-efficient capital goods become obsolete. c. It is believed that productivity grows more slowly in manufacturing industries than in services, because of the less labor-intensive nature of manufacturing industries. d. The key to efficient production is the allocation of resources to their best use. e. The greater the productivity, the more efficient the allocation of resources, and the less developed a country's financial market would be.
If supply is upward-sloping and demand is downward sloping, what happens to the equilibrium real risk-free interest rate and quantity of real loanable funds per time period if there is an increase of the real money supply and an increase in the government's budget deficit?
a. The real risk-free interest rate falls and the quantity per time period rises. b. The real risk-free interest rate is uncertain and the quantity per time period rises. c. The real risk-free interest rate is rises and the quantity per time period is uncertain. d. The real risk-free interest rate does not change and the quantity per time period falls. e. The real risk-free interest rate is uncertain and the quantity per time period is uncertain.
Suppose there are only two goods (Good A and Good B) and the average person buys 8 of Good A in a year and 6 of Good B. If the Price of Good A is $8 and the Price of Good B is $6, the price of the market basket
A. is 50. B. is 36. C. is 100. D. is 64.