Along with changes in the level of economic activity, measured by GDP, what other economic variable tends to rise and fall as a consequence?
A. Precipitation
B. Regulation
C. Circulation
D. Unemployment
Answer: D
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If, in the market for money, the quantity of money demanded exceeds the money supply, the interest rate will
A. fall, causing households and businesses to hold more money. B. rise, causing households and businesses to hold more money. C. fall, causing households and businesses to hold less money. D. rise, causing households and businesses to hold less money.
Which of the following is a land resource?
A. an oil drilling rig B. a machine for detecting earthquakes C. natural gas D. a farmer
________ refers to funds available for immediate payment
A) Term deposits B) Velocity C) Mutual funds D) Liquidity
A depreciation of the exchange rate is most likely to be celebrated by ________
A) exporters B) consumers C) central bankers D) importers