The branch of knowledge concerned with the production, consumption, and transfer of wealth.
Answer: Economics
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The additional incentive that the purchaser of a Treasury security requires to buy a long-term security rather than a short-term security is called the
A) risk premium. B) term premium. C) tax premium. D) market premium.
Everything else held constant, an increase in planned investment expenditure ________ aggregate ________
A) increases; demand B) decreases; demand C) decreases; supply D) increases; supply
The primary value of real GDP is its ability to measure year to year changes in
a. real output. b. income inequality. c. real social welfare. d. the general level of prices.
An institution that issues a currency at a fixed rate in exchange for an equivalent amount of another designated currency and invests the funds in bonds and liquid assets that provide 100 percent backing for the currency units issued is called
a. a central bank. b. the International Monetary Fund. c. the World Trade Organization. d. a currency board.