Which of the following is associated with the problem of hyperinflation?
a. Money is in short supply
b. The value of money rises dramatically.
c. The government runs out of money.
d. People look for alternatives to using money.
e. People start to hold on to money for long periods of time.
d
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If a one-year bond is purchased for $400 and the interest rate is 8 percent, what will it pay in one year?
A) $48 B) $368 C) $400 D) $432
A price maker is
A) a consumer who participates in an auction where she announces her willingness to pay for a product. B) a firm that is able to sell any quantity at the highest possible price. C) a person who actively seeks out the best price for a product that he or she wishes to buy. D) a firm that has some control over the price of the product it sells.
It has been proved empirically that marriage and children lowers a woman's ability to earn as much as a man
a. True b. False Indicate whether the statement is true or false
The capital account balance equals foreign purchases of U.S. assets minus U.S. purchases of foreign assets.
Answer the following statement true (T) or false (F)