Velocity equals GDP __________ the money supply
A) plus
B) multiplied by
C) divided by
D) minus
C
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The figure above shows that the government revenue from the tariff is
A) $20 million per year. B) $30 million per year. C) $15 million per year. D) $55 million per year. E) zero.
In the above figure, what is the short-run equilibrium real GDP and the short-run equilibrium price level?
What will be an ideal response?
Which of the following statements is true?
A) Convertible preferred stockholders receive quarterly interest payments. B) Common stockholders receive a fixed dividend, and they are entitled to it before preferred stockholders get anything. C) Convertible preferred stock can be converted into preferred stock at a predetermined price. D) Many buyers of common stock are more interested in capital gains than in dividends.
Conrad and Meyer (1958) found evidence to support the claim that the annual rates of return to slave agriculture were
(a) high enough to attract investment funds away from other alternatives in the cotton South. (b) high enough to benefit the entire Southern economy through the profits generated and the backward and forward links to other businesses. (c) relatively low in the new frontier, thus encouraging the new cotton producing areas of the South to move away from the slave system. (d) low enough that the people in the North could purchase the slaves and free them at minimal cost.