Bonds are debt securities maturing within 10 years
a. True
b. False
Indicate whether the statement is true or false
False
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What do all expansions and recessions since 1950 have in common?
a. Changes in oil prices. b. Changes in interest rates. c. Changes in spending. d. Changes in productivity. e. None of the above.
A government-sponsored good is often
A. advertised. B. subsidized. C. taxed. D. inhibited by the government.
Suppose nominal GDP in 2009 was $100 billion and in 2010 it was $260 billion. The general price index in 2009 was 100 and in 2010 it was 180. Between 2009 and 2010 the real GDP rose by approximately:
A. 160 percent. B. 44 percent. C. 37 percent. D. 80 percent.
Since a monopoly faces no competitors, it need not advertise
Indicate whether the statement is true or false