After World War II, which of the following about the value of homes is not true?
A. On average they did not fall for 60 years.
B. They were unaffected by recessions until the 2000s.
C. They seemed immune to the business cycle.
D. It remained relatively unaffected by inflation.
D. It remained relatively unaffected by inflation.
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A good generalization about developing countries is
a. savings rates are low b. investment rates are low c. exports are mostly food and raw materials d. population growth rates are high e. none of the above
The U.S. Department of Health and Human Services refused to allow waivers to individual states to amend the provisions of the Family Support Act
Indicate whether the statement is true or false
Moral hazard
a. makes a free market in insurance hard to operate. b. is the tendency of insurance to encourage the source of risk. c. tends to make the cost of insurance higher and the market for insurance less efficient. d. All of the above are correct.
If nominal interest rates increase:
A. the expected inflation rate must have gone up. B. either the expected inflation rate went down, the real interest rate went down, or both. C. either the expected inflation rate went up, the real interest rate went up, or both. D. the real interest rate must have gone up.