Roughly what was the Democratic Republic of Congo's per capita GDP in 2011?
A) $110
B) $1,100
C) $11,000
D) $110,000
A
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Consumers are often somewhat insensitive to changes in the price of table salt because
A) the proportion of their budget spent on salt is very low. B) there are a considerable number of good substitutes for salt, in their opinion. C) they are not used to changes in the price of salt. D) salt is a necessity for a complete dining experience. E) all of the above reasons.
A monetary policy target is a variable that the Fed can affect directly, which then affects one or more of the Fed's policy goals
Indicate whether the statement is true or false
Stockholders share in the profits of a corporation
a. in proportion to their years of stock ownership b. in proportion to their ownership of stock c. equally regardless of number of shares owned d. only if they participate in firm management decisions e. only if they attend stockholders' meetings
If real interest rates in Japan fall relative to real interest rates in the United States, the yen will likely __________ in terms of the dollar and the dollar will likely __________ in terms of the yen
A) appreciate; depreciate B) depreciate; appreciate C) remain unaffected; remain unaffected D) remain unaffected; appreciate E) remain unaffected; depreciate