In the 1990s, Japan experienced ______.
a. deflation
b. inflation
c. stagflation
d. hyperinflation
a. deflation
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Which of the following will be true if employment grows faster than the population as a whole? a. Output per capita will increase faster than productivity per worker
b. The standard of living will increase. c. Output per capita and productivity per worker will grow at an equal pace. d. Output per worker and productivity per worker will remain unaffected. e. Output per capita will increase at a diminishing rate.
A demand curve:
A. shows the relationship between price and quantity supplied. B. indicates the quantity demanded at each price in a series of prices. C. shows the relationship between income and spending. D. graphs as an upsloping line.
Refer to the four graphs above. Select the graph that best shows the changes in demand and supply in the market specified in the following situation: the market for corn, if gasoline producers use more ethanol from corn and good weather during the growing season yields a bumper harvest.
What will be an ideal response?
Answer the following questions true (T) or false (F)
1. Direct finance refers to the flow of funds from savers to borrowers through financial markets. 2. The interest payment on a bond is called a face value payment. 3. The higher the default risk on a bond, the higher the interest rate will be.