Protectionism refers to:
A) subsidizing imports.
B) reduction of trade barriers.
C) increased export of goods and services.
D) reducing the competition faced by domestic firms.
D
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The base period for CPI calculations is generally 1982-84. In 2005, 50% of households accessed the Internet through a broadband connection that would not have existed in the 1980s
This potential for bias in the CPI is referred to as ________ bias and results in ________. A) outlet; the CPI overestimating the true change in the cost of living B) outlet; the CPI underestimating the true change in the cost of living C) new product; the CPI overestimating the true change in the cost of living D) net product; the CPI underestimating the true change in the cost of living
You have made an investment of $250 that will yield a profit of $30 in one year. If the interest rate is 11.5% is this a good investment?
A. Yes, because the internal rate of return is greater than the interest rate B. Yes, because the interest rate is greater than the internal rate of return C. No, because the internal rate of return is greater than the interest rate D. No, because the interest rate is greater than the internal rate of return
An increase in the saving rate permanently increases the growth rate of real GDP per person
a. True b. False Indicate whether the statement is true or false
The crude quantity theory of money assumes that
A. V and Q remain constant. B. V and Q vary. C. V is constant and Q varies. D. Q is constant and V varies.