According to hegemonic stability theory, the United States will
a. be relieved to finally let go of its status as world leader.
b. not give up its global preeminence without a fight.
c. diminish so gradually that its reduced global influence will hardly be noticed.
d. never have to worry about losing its world dominance.
b. not give up its global preeminence without a fight.
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Which of the following statements is false?
A. As the price paid for a bond rises, the yield declines. B. If you purchase stock from an individual that currently owns the stock, you are buying it in the secondary market. C. The yield on a bond is another term for the coupon rate on a bond. D. A rating of Aaa from Moody's is the highest bond rating given by that rating agency.
The highest unemployment rate recorded since World War II came in ________
A) September 1929 B) January 1961 C) December 1982 D) October 2009
Which of the following suggests that the "laws" of supply and demand are being disobeyed?
a. outside forces disturbing an equilibrium b. persistent shortages or surpluses c. the market never moving from an equilibrium d. "other things" not always being equal
If the economy is in an inflationary gap and the government attempts to balance the budget, the effect will be to
A. counteract inflation. B. reduce the trade deficit. C. continue inflationary pressures. D. increase unemployment.