Industrial production, total sales, nonfarm employment, and after-tax household income are examples of ________ indicators of economic activity.
A. coincident
B. real
C. preceding
D. lagged
Answer: A
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An increase in the rate of interest, other things being equal, will cause a(n):
a. downward shift in the investment demand curve. b. movement downward along the investment demand curve. c. movement upward along the investment demand curve. d. upward shift in the investment demand curve.
Convert each of the following basis points amounts to percents:a) 412.5b) 10c) 125.7d) 1075e) 1
What will be an ideal response?
The creation of new bank reserves could lead to a multiple increase in the money supply.
Answer the following statement true (T) or false (F)
In the Wealth of Nations, Adam Smith argues that:
A. self-interest leads to the efficient allocation of resources. B. profits are maximized where marginal revenue equals net marginal benefits. C. benevolence leads to the efficient allocation of resources. D. None of the statements associated with this question are correct.