Which of the following is an example of a financial capital?
A) A currency bill B) A check book C) A factory D) A bond
D
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A decrease in demand is represented by:
a. a shift outward of the entire demand curve. b. a shift inward of the entire demand curve. c. a movement along the demand curve in a southeasterly direction. d. a movement along the demand curve in a northwesterly direction.
Analysis that aims at determining only the economic consequences of a particular policy is called ________ analysis.
A. positive B. normative C. monetary D. fiscal
Transfer payments are income that is
A. earned but not received. B. received but not spent. C. spent but not earned. D. received but not earned.
An unexpected increase in aggregate demand
A. will reduce the unemployment rate. B. will increase real GDP, but will not affect the rate and duration of unemployment. C. will increase the average duration of unemployment. D. will reduce the price level.