During the Great Depression, real interest rates
A) rose to unprecedentedly high levels.
B) rose only slightly above the long-run trend.
C) fell to unprecedentedly low levels.
D) fell only slightly below the long-run trend.
A
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BBQ to Go is a large fast food restaurant chain with franchises located throughout the United States. BBQ to Go's advertising will likely focus on which of the following?
A) promoting BBQ locations in a specific state B) promoting a successful BBQ to Go location in Denver, Colorado C) promoting the benefits of eating BBQ to Go sandwiches D) promoting a struggling BBQ to Go location in Denver, Colorado
All taxes carry which of the following costs?
A. Time in creating procedures for collecting revenues B. Enforcing tax payments C. Managing collected funds D. All taxes incur all of these costs.
At which interest rate is the present value of $80.25 one year from today equal to $75 today?
a. 4 percent b. 5 percent c. 6 percent d. 7 percent
Which one of the following will shift the consumption function upward?
A. higher interest rates B. expectations that the economy will grow in the future C. a decrease in money holdings D. higher capacity utilization rates