Which of the following is the most essential prerequisite for successful conduct of the "game" of urban traffic?
A) An advance plan to coordinate the moves of participants
B) Drivers who care as much about other people's interests as their own
C) Extensive information on other drivers' destinations and objectives
D) General consensus on and following of traffic rules
D
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In the pre-World War I period, the U.S. exported mainly
A) manufactured goods. B) services. C) primary products including agricultural. D) technology intensive products. E) weapons.
If the money supply is $600 and nominal income is $3,000, the velocity of money is
A) 1/50. B) 1/5. C) 5. D) 50.
Which of the following events would produce an upward shift in the consumption function, other things being equal?
a. An increase in consumer wealth. b. A decrease in consumer wealth. c. A decrease in autonomous consumption. d. Both b and c.
Dividends
A) raise after tax net income. B) are not tax deductible. C) are tax deductible. D) have the same tax treatment for the firm as the tax treatment of interest payments.