Equity Instruments include
A) stocks.
B) bonds.
C) banks deposits.
D) receipts.
E) bank statements.
A
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The chain-weighted output index method of measuring real GDP is based on
A) using current prices rather than base year prices. B) averaging the market value of the expenditures over a two year period and then comparing with a base period. C) using the prices of two adjacent years to calculate the growth rate of real GDP. D) averaging the nominal and real measures of GDP to come up with a more accurate figure.
If the income effect of a wage increase equals the substitution effect, the labor supply curve is horizontal at the equilibrium wage
Indicate whether the statement is true or false
Quotas redistribute income from consumers to domestic producers
Indicate whether the statement is true or false
Uncertainty about interest-rate movements and returns is called
A) market potential. B) interest-rate irregularities. C) interest-rate risk. D) financial creativity.