In 2050 it is estimated that the world's most populous country will be:
a. Indonesia
b. Japan
c. India
d. Brazil
C
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The table above gives the demand schedule for a good. What is the total revenue at point A? At point B? At point C? At point D? At point E?
What will be an ideal response?
The underlying principles behind the slashing of marginal tax rates in 1964 were Monetarist
a. True b. False
Principal-agent problems are less likely to arise
a. if it is easy for principals to know agents' actions and if there is less conflict between their goals b. if it is difficult for principals to know agents' actions and if there is less conflict between their goals c. if it is easy for principals to know agents' actions and if there is some difference in their goals d. if it is difficult for principals to know agents' actions and if there is some difference in their goals e. if agents have higher incomes
Which of the following statements is true? a. The Fed can target the interest rate and money supply at the same time but only during periods of inflation
b. All of the answers to this question are true. c. If the Fed chooses a money supply target, it runs the risk of interest rate variations that may create a new set of problems. d. If the Fed chooses a money supply target, it runs the risk of money supply variations that may create a new set of problems. e. If the Fed chooses an interest rate target, it runs the risk of interest rate variations that may create a new set of problems.