The economy experiences a decrease in the price level and an increase in real domestic output. Which is a likely explanation?
A. Consumer incomes and the quantity of labor have decreased.
B. The prices of imported resources have increased.
C. National income abroad has increased.
D. Business costs and wage rates have decreased.
Answer: D
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Duration analysis involves comparing the average duration of the bank's ________ to the average duration of its ________
A) securities portfolio; non-deposit liabilities B) assets; liabilities C) loan portfolio; deposit liabilities D) assets; deposit liabilities
What is the present value of $5,000 to be received in one year if the current market interest rate is 6.0%?
a. $3,125 b. $4,717 c. $4,923 d. $5,300
A person is considered "employed" if and only if she:
A. wants to work. B. works full time. C. has a job that she is satisfied with. D. has a job.
TC/q is
A. MC. B. ATC. C. TVC. D. AVC.