Other things equal, the higher the deviations from purchasing power, the lesser will be the arbitrage opportunities
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following individuals is NOT counted as unemployed?
A) Jackie, who was recently fired and is now applying for another job B) Jennifer, who just graduated from college and is now seeking employment with the company of her dreams. C) Jamil, who recently quit his job and is looking for a new position D) Jack, who has become discouraged about ever finding a job and has stopped looking
In the production possibilities frontier model, an unattainable point lies
A) both on and outside the production possibilities frontier. B) only outside the production possibilities frontier. C) only inside the production possibilities frontier. D) only on the production possibilities frontier itself. E) There are no unattainable points in the production possibilities model.
The difference between a bank's assets that will be re-priced in less than one year and the bank's liabilities that will be re-priced in less than one year expressed as a percent of total assets is
A) a measure of liquidity risk. B) called the GAP ratio. C) earnings at risk ratio. D) a measure of credit risk.
Which of the following would be considered a variable input in the short run? a. The size of a firm's plant
b. The acreage of an apple farmer's orchard. c. The production capacity of a machine. d. None of the above.