The velocity of money is equal to:
A. 1/MPS.
B. nominal GDP/M.
C. 1/reserve ratio.
D. nominal GDP/P.
B. nominal GDP/M.
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An increase in the level of U.S. exports ________ the demand for goods and service produced in the United States
A) increases B) does not affect C) decreases D) increases or decreases
___________ refers to the inability to stop thinking about work or doing work. Also that work is the most pleasurable part of life
a. Reactivism b. Workaholism c. Procrastination d. Obsessing
In ____ price discrimination, the monopolist charges each consumer the highest price that purchaser is willing to pay for each unit purchased (provided that this price exceeds the marginal cost of production)
a. first-degree b. second-degree c. third-degree d. a and b e. none of the above
An investor is trying to decide whether to put his funds into stocks or bonds. He expects rising interest rates over the next year and higher inflation. Your advice?