The degree to which an asset can be acquired or disposed of without much danger of any intervening loss in nominal value is known as
A. liquidity.
B. a time deposit.
C. transaction deposits.
D. the opportunity cost of holding cash.
Answer: A
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If the labor force grows faster than the number employed, the
A. unemployment rate will fall. B. unemployment rate will rise. C. labor force rate will rise. D. employment rate will rise.
What is the counter-intuitive solution to a mixed strategy?
A) Player A makes Player B indifferent between its strategy choices. B) Player A makes itself indifferent between its strategy choices. C) Player A changes the rules of the game. D) There are no mixed strategies in most games.
The markets for movie theater tickets and videocassette rentals are highly interdependent. Suppose that a tax is imposed on movie theater tickets
The type of analysis that examines the effects of this tax on the markets for movie theater tickets and videocassettes simultaneously is called A) macroeconomics. B) general equilibrium analysis. C) partial equilibrium analysis. D) full market analysis. E) psychoanalysis.
The real rate of interest is the
A) nominal rate of interest minus the anticipated rate of inflation. B) current rate actually paid by the borrower. C) difference between the bank's lending and savings rates. D) current rate which the government pays on its debt.