The total earnings arising from the production of the GDP is known as
a. real GDP.
b. national income.
c. personal income.
d. discretionary income.
b. national income.
Economics
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If the required reserve ratio is 10 percent, an increase in bank reserves of $1,000 can support an increase in checking account deposits (including the original deposit) in the banking system as a whole of up to
A) $100. B) $1,000. C) $10,000. D) $100,000.
Economics
Which of the following does NOT affect a worker's marginal productivity?
A) education B) training C) talent D) inheritance of money
Economics
Which of the following measures the rate of return a bond is expected over time?
a. Bond yield b. Interest rate c. Bond equity d. Coupon rate
Economics
D. One-half of the nondiversifiable risk of the asset with a beta of 1.5
A. 0 B. 1.0 C. 100 D. Any value
Economics