According to this Application, if you earn a salary of $40,000 in the first year and all prices triple in the next 10 years, what will your nominal annual salary be in 10 years?
A) $20,000 B) $60,000 C) $120,000 D) $180,000
C
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What happens in the primary market?
A) newly issued claims are sold by the borrowing firm to the initial buyer B) already issued claims are sold from one investor to another C) primary inputs like electricity are sold D) a corporate financial manager will resell previously issued shares of stock
At the equilibrium price for gasoline:
a. everyone with the desire and the income to buy gasoline at that price can do so. b. surpluses are inevitable c. quantity demanded exceeds the quantity supplied. d. none of the above
Unemployment insurance and the progressive income tax are two examples of automatic stabilizers
Indicate whether the statement is true or false
Since 1950, the labor force participation rate in the United States
A. of men decreased and for women increased. B. of men increased and women decreased. C. of men and women both increased. D. of men and women both decreased.