The time interval between observations can be all of the following with the exception of data collected
A) daily.
B) by decade.
C) bi-weekly.
D) across firms.
Answer: B) by decade.
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Capital flows deal with:
A) buying and selling of newly produced final goods and services among countries. B) buying and selling of existing real and financial assets among countries. C) buying and selling of only domestic final goods and services. D) none of the above.
Which of the following is correct? When the expected amount supplied exceeds the expected amount demanded, then:
a. Inventories rise, unemployment tends to rise, and prices tend to fall. b. Inventories rise, unemployment tends to fall, and prices tend to rise. c. Inventories fall, unemployment tends to rise, and prices tend to rise. d. It is impossible for these two to be unequal. e. You are mixing apples and oranges. These two macroeconomic variables should not be compared.
If the capital stock decreases, then the economy will produce ____ output with the ____ amount of labor.
A. same, same B. less, same C. more, same D. more, decreased
Graphically, demand-pull inflation is shown as a ________.
A. rightward shift of the AD curve along an upsloping AS curve B. leftward shift of the AS curve along an upsloping AD curve C. leftward shift of the AS curve along a downward-sloping AD curve D. rightward shift of the AD curve along a downward-sloping AS curve