On which of the following assets are you most likely to earn interest income?
a. cash and currency
b. checkable deposits
c. money market deposit accounts
d. gold and other precious metals
e. All of the above are correct.
c
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The real interest rate is the interest rate corrected for inflation
a. True b. False Indicate whether the statement is true or false
Based on your understanding of the labor market model presented by Blanchard (i.e., the WS and PS relations), explain what types of policies could be implemented to cause a reduction in the natural rate of unemployment
What will be an ideal response?
In order for large countries to successfully use tariffs to increase well-being,
A) they must have significant market power . B) the deadweight loss created by the tariff must be greater than the government revenue the tariff generates. C) domestic production must increase more significantly than for the small country case. D) domestic consumption and imports must decrease more significantly than in the small country case.
Actions on the part of monetary and fiscal policymakers that are undertaken in response to some change in the overall economy are known as
A. active policymaking. B. nondiscretionary policymaking. C. creative policymaking. D. passive policymaking.