Which of the following is not one of the theories that have emerged as alternatives to the HO model?
A) The human skills theory.
B) The product life cycle theory.
C) The similarity of preferences theory.
D) All of the above have been suggested as alternatives to the HO model.
D
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Open market operations are defined as
A) a bank borrowing from the Fed. B) the buying and selling of securities by the Fed. C) the buying and selling of securities between banks. D) the amount banks can lend on each deposit. E) a bank making a loan to the Fed.
Which of the following pieces of information do you need to calculate the labor force participation rate?
I. the number of employed persons II. the number of unemployed persons III. the population IV. the working age population A) I and II B) I and III C) I, II and III D) I, II and IV
Which of the following is not included in gross private domestic investment spending?
A) Household spending on residential construction. B) Spending on business inventories. C) Household spending on durable goods. D) Business spending on plant and equipment.
Macroeconomics is best suited to answering questions such as
a. what determines the unemployment rate among students on this campus b. why rent is higher in big cities than in smaller ones c. how fast the overall price level will rise next year d. what determines the demand for public transportation in rural areas e. why sales taxes in this area are increasing