The combination of high unemployment and high inflation is termed
a. reflation.
b. stagflation.
c. depression.
d. unflation.
b
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Why are foreign investors more likely to invest in U.S. government bonds than in U.S. corporate stocks and bonds?
What will be an ideal response?
If a profit-maximizing firm's fixed cost of producing widgets falls,
a. its total cost curve is unaffected. b. its marginal cost curve shifts down. c. the firm will produce more widgets. d. the firm's average profit per widget produced rises.
Which of the following would most likely cause a shift to the right in Graph B?
a. a change from Q1 to P1 in Graph A
b. a change from P2 to P1 in Graph A
c. a change from P1 to P2 in Graph A
d. a change from Q2 to Q1 in Graph A
Bank C promises to pay a compound annual interest rate of 6 percent, while Bank S pays an 8 percent simple annual interest rate on deposits. If you deposit $1,000 in each bank, after 10 years, your deposit in Bank C equals ________, while your deposit in Bank S equals ________.
A. $1,600; $2,159 B. $1,600; $1,800 C. $1,791; $1,800 D. $1,060; $1,800