The average propensity to consume (C/Y) for the period 1970 to 1991 ranged between
a. 0 and - 0.80
b. 0 and 0.01
c. 0.65 and 0.80
d. 0.95 and 1.00
e. 1.20 and 1.50
C
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Companies are never justified in not installing all possible safety devices in their products when the omission of those safety devices could result in the loss of life to the users of the products
Indicate whether the statement is true or false
In which case is velocity the highest?
a. the price level equals 4, the money supply equals 5,000 . and output equals 20,000. b. the price level equals 4, the money supply equals 20,000 and output equals 5,000. c. the price level equals 2, the money supply equals 5,000 . and output equals 20,000. d. the price level equals 2, the money supply equals 20,000 and output equals 5,000.
Suppose that Rosa is considering migration to another country. To move, she will have to spend $5000 on transportation and $4000 in application and other processing fees. Rosa's stream of future earnings in her home country is $500,000. She expects to earn a stream of future earnings of $800,000 in another country. Based on this information, Rosa will decide to migrate as long as the implicit costs of leaving her friends and family and adjusting to a new culture are:
A. Greater than $509,000 B. Less than $300,000 C. Less than $91,000 D. Less than $291,000
Briefly describe monetarism and the monetary growth rule
What will be an ideal response?