As of 2015, per capita GDP in the United States was approximately
A. $56,000.
B. $37,000.
C. $26,000.
D. None of the choices are correct.
Answer: A
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Why do CDs have lower rates of return than stocks?
A) CDs are much riskier investments than stocks. B) CDs are less risky than stocks. C) CDs are not taxed while stock s returns are taxable. D) CDs are not as liquid as stocks.
A country that shows a deficit in its financial account is a net creditor to the rest of the world
a. True b. False Indicate whether the statement is true or false
Deadweight losses are associated with
a. taxes that distort the incentives that people face. b. taxes that target expenditures on survivor's benefits for Social Security. c. taxes that have no efficiency losses. d. lump-sum taxes.
Suppose that general business conditions improve, and at the same time, wealth increases. Based on this information, we know that:
A. the real interest rate increases. B. bond prices increase. C. yield to maturity decreases. D. the quantity of bonds increases.