Which of the following countries has not experienced hyperinflation in the twentieth century?

From the economist's point of view, dividends paid to stockholders are part of a corporation's costs

A) because taxes are paid on a corporation's profits prior to the payment of dividends. B) because they must be included in stockholders' incomes for purposes of personal income taxation. C) insofar as they are contractual obligations. D) insofar as they represent what funds invested in the corporation could have earned elsewhere.

Of the four models of the business cycle, which model's implication concerning the change in real wages during recessions is consistent with actual observed changes in real wages during recessions?

A) the Real Business Cycle theory B) the Friedman-Phelps-Lucas Model C) the Keynesian Model D) None of the above.

Government fiscal policies that attempt to stimulate aggregate demand are often aimed at reducing cyclical unemployment

a. True b. False Indicate whether the statement is true or false

A legal maximum on the price at which a good can be sold is called a price a. floor

b. subsidy. c. support. d. ceiling.