The purchase of a virtual item from an online company with a virtual currency causes the nation's:
a. Monetary base to remain the same.
b. M2 money supply to fall.
c. M2 money multiplier to fall.
d. M2 money supply to rise.
.A
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Wendy spends $30 a week on movies and magazines. The price of a movie is $8, the price of a magazine is $2, and Wendy sees 3 movies a week and buys 3 magazines
The price of a magazine now increases to $4 and Wendy's brother gives her $6 a week so that she can still see 3 movies a week and buy 3 magazines. In this situation, Wendy will see ________ movies and buy ________ magazines. A) 3; 3 B) less than 3; less than 3 C) more than 3; fewer than 3 D) less than 3; more than 3
Time is primarily a __________ that can be measured in units
a. Value b. Goal c. Resource d. Decision device
According to the classical dichotomy, what changes nominal variables? What changes real variables?
Which of the following terms refers to provisions in a law or a contract whereby monetary payments are automatically adjusted whenever a specified price index changes?
A. Contango B. Swap C. Averaging D. Indexing