Rent-control laws dictate a minimum rent that landlords may charge tenants
a. True
b. False
Indicate whether the statement is true or false
False
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The consumption schedule shows the relationship of household consumption to the level of
A. the marginal propensity to consume. B. investment. C. disposable income. D. saving.
The view that inappropriate monetary policy was the main reason for the depth of the Great Depression in the United States is most closely associated with
A. the monetarist view. B. the rational expectations theory. C. the mainstream view. D. the real business cycle theory.
If the United States exports military hardware, what is the effect in the exchange market? a. It will increase the supply of U.S. dollars
b. It will decrease the supply of U.S. dollars. c. It will increase the demand for U.S. dollars. d. It will decrease the demand for U.S. dollars.
What is the present value of a payment of $100 to be made one year from today?
a. $100(1 + r) b. $100/(1 + r) c. $100 - $100 r d. $100 - (1 + r)/$100