The Shadow Open Market Committee, a group of economists with the Monetarist point of view, calls for a reduction in the money supply. They must be concerned about ________.
A. rising rates of inflation
B. new technological breakthroughs that might increase the growth rate of real GDP
C. falling levels of real GDP
D. high levels of unemployment
Answer: A
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The Justice Department is most likely to oppose a proposed merger on the basis of the Herfindahl-Hirschman Index when the post-merger HHI is:
A) less than 100. B) less than 1000. C) between 1000 and 1800. D) greater than 1800.
Consider a mutual fund with a 6 percent back-end load that decreases to 0 percent in the seventh year. How much of the load will an investor have to bear if she sells it off in the seventh year?
a. 1 percent of the load b. 0 percent of the load c. 2 percent of the load d. 6 percent of the load e. 4 percent of the load
The primary function of the Export-Import Bank is to assist in
a. guaranteeing markets for U.S. importers. b. financing exports from the United States. c. providing foreign currency to U.S. banking institutions. d. reducing tariff rates between trading nations.
Katarina puts money into an account. One year later she sees that she has 6 percent more dollars and that her money will buy 4 percent more goods
a. The nominal interest rate was 10 percent and the inflation rate was 6 percent. b. The nominal interest rate was 6 percent and the inflation rate was 2 percent. c. The nominal interest rate was 4 percent and the inflation rate was 2 percent. d. The nominal interest rate was 10 percent and the inflation rate was 4 percent.