The steepest increase in the currency ratio since 1892 occurred during
A) World War II.
B) the Great Depression.
C) the interwar years.
D) the past twenty years.
B
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If 2008 is the base year and the price index in 2009 is 109, prices in 2009 are _____ than prices in 2008
a. 1 percent higher b. 8 percent higher c. 9 percent higher d. 0.9 percent higher e. 12 percent higher
Bond prices and interest rates:
a. are interrelated b. have no relationship to one another c. rise or fall in tandem d. none of these choices
One example of labor-market discrimination is that firms may be less likely to interview job-market candidates whose names suggest that they are members of a racial minority
a. True b. False Indicate whether the statement is true or false
In the long run, a tax placed on a perfectly competitive industry should
A. increase the number of firms. B. not affect the number of firms. C. decrease the number of firms. D. One cannot tell