How has the pattern of movements in the U.S. price level changed since World War II?
A. The annual rate of inflation has never risen above 3 percent.
B. The price level has become more volatile.
C. Periods of deflation have largely been eliminated.
D. Periods of inflation have largely been eliminated.
Answer: C
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a. a use of funds in the current account. b. negative item in the current account. c. capital inflow item. d. capital outflow item. e. None of the above
If a purchase contract allows a buyer to accept less than a specified maximum "take" each month, buying a _____ would allow the seller to resell the excess at a _____ price
a. put option; profitable b. put option; predictable c. call option; predictable d. call option; profitable
Which of the following exchanges handles numerous technology companies including Intel and Microsoft?
a. NASDAQ b. NYSE c. AMEX d. None of the above handle technology stocks.
During an unanticipated inflation
A. creditors are hurt and debtors are helped. B. both creditors and debtors are helped. C. creditors are helped and debtors are hurt. D. both creditors and debtors are hurt.