What are two traits that make demand deposits more attractive than physical currency for large transactions?
a. lower transaction costs and increased safety of transactions
b. higher interest rates and lower accounting costs
c. greater monetary value and lower risks
d. increased purchasing power and lower bartering costs
a. lower transaction costs and increased safety of transactions
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The stock of capital ________ with any gross investment and ________ with any depreciation
A) increases; increases B) decreases; increases C) decreases; decreases D) increases; decreases
If a country wants to keep the domestic currency undervalued against a foreign currency:
A) it will buy both the foreign and domestic currency. B) it will sell both the foreign and domestic currency. C) it will buy the domestic currency and sell the foreign currency. D) it will buy the foreign currency and sell the domestic currency.
The figure above shows the market for umbrellas in Sunville. When the market for umbrellas in Sunville is in equilibrium, what is the consumer surplus?
A) $30 B) $9,000 C) $18,000 D) $16,000
The manager of Healthy Bars should avoid all of the following topics except which one when speaking to managers of Healthy Snacks, a competitor firm?
A) Healthy Bars' intent to bid on a government contract to supply public schools with healthy snack foods B) the planned production amounts of Healthy Crunch, another competitor firm C) new government safety regulations for packaging snack foods D) a forthcoming change in Healthy Bars' pricing policy