Accumulating a greater number of inputs will ensure that an economy will experience economic growth
Indicate whether the statement is true or false
FALSE
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According to the equation of exchange, the total amount of funds spent on final ______ is equal to the total amount of funds received for the final ______.
a. output; input. b. output; output. c. input; output d. input; input
Equilibrium in the money market occurs when:
A. the quantity of money demanded equals the quantity of money supplied. B. the quantity of money demanded is less than the quantity of money supplied. C. the quantity of money demanded is more than the quantity of money supplied. D. the interest rate equals the money supply.
Suppose your bank pays you 4 percent interest per year on your savings account, so that $1,000 grows to $1,040 over a one-year period. If prices increase by 1 percent per year over that time, approximately how much real value do you gain by keeping $1000 in the bank for a year?
A. $0 B. $10 C. $30 D. $50
The primary antitrust statute in the United States is the
A) NLRA of 1935. B) SEC Act of 1933. C) Sherman Antitrust Act of 1890. D) Federal Reserve Act of 1913.