Market prices
A) are limited in their information content.
B) contain all available information.
C) contain only past information.
D) none of these choices.
B
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In what way can the stock market affect the overall economy?
A) It's an important source of funds for corporations. B) It can affect consumer and business sentiment. C) It is an important factor affecting consumer wealth and thus consumer spending. D) All of the above
Before 1815, Hughes and Cain (2011) claim, westward movement was blocked by
(a) disputed claims to western lands. (b) lack of government land sale surveys and offices. (c) hostile Indian tribes. (d) all of the above.
In year 1 the CPI is 181, and in year 2 the CPI is 195. If Dennis's salary was $95,000 in year 1, what is the minimum salary he must earn in year 2 to "keep up with inflation"?
A) $112,500 B) $102,348 C) $105,750 D) $88,180
President Bigego is running for re-election against Senator Pander. Bigego proclaims that more people are working now than when he took office. Pander says that the unemployment rate is higher now than when Bigego took office. You conclude that
a. one of them must be lying. b. both of them could be telling the truth if the labor force, and employment grew at the same rate. c. both of them could be telling the truth if the labor force grew slower than employment. d. both of them could be telling the truth if the labor force grew faster than employment.