The amount of time required before a project's total inflows match its total outflows is the:
A. break-even period.
B. payback period.
C. duration.
D. yield to maturity.
B. payback period.
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At the start of a cost-push inflation,
A) the price level rises and real GDP does not change. B) the price level remains constant and real GDP increases. C) the price level rises and real GDP decreases. D) the price level remains constant and real GDP decreases. E) the price level and real GDP both increase.
The aggregate supply curve shows the relationship between
A) the level of inputs and aggregate output. B) the inflation rate and the level of inputs. C) the wage rate and the level of employment. D) the inflation rate and the level of aggregate output supplied.
When collective agreement on a policy is 100 percent of all voters, external costs are minimized
a. True b. False
If a mutual fund with a back-end-load is not sold within the stipulated time period, the investor is not required to pay any fee to the fund manager
a. True b. False Indicate whether the statement is true or false