Other things remaining the same, if a nation's expected return on real estate rises, the demand to hold money:
a. Falls.
b. Rises.
c. Does not change.
.A
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Full employment means
A) zero unemployment. B) only cyclical unemployment exists. C) only frictional and structural unemployment exists. D) None of the above answers are correct.
In the endogenous growth model, workers divide their time between market work and
A) accumulating physical capital. B) accumulating human capital. C) trying to invent new production processes. D) work at home.
At a fair carnival roulette wheel, a player can either win $10, $30, or $80 . If it costs $30 to play, would an individual gain or lose from playing the game?
a. Gain b. Lose c. Breakeven-neither gain nor lose d. None of the above
Cost is a measure of the
a. seller's willingness to sell. b. seller's producer surplus. c. producer shortage. d. seller's willingness to buy.