Investors lower the risk of losing their investment by investing in one large firm, rather than investing in many small firms
a. True
b. False
Indicate whether the statement is true or false
False
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During 2013, a country reported that its real GDP increased by $3.0 billion. If the slope of its aggregate planned expenditure curve is 0.9, then which of the following might have led to the increase in real GDP?
A) Investment decreased by $0.3 billion. B) Imports increased by $0.3 billion. C) Government expenditure on goods and services increased by $3 billion. D) Exports increased by $0.3 billion. E) Exports decreased by $0.3 billion.
If a straight line crosses the Y-axis at 5 and crosses the X-axis at 10, we can conclude that the slope of the line is
A) positive. B) negative. C) zero. D) infinity.
If total deposits at Last Bank and Trust are $100 million, total loans are $70 million, and excess reserves are $20 million, then which of the following is the required reserve ratio?
a. 70 percent. b. 30 percent. c. 20 percent. d. 10 percent.
Which set of changes is definitely predicted to lower Real GDP in the short run?
A) The money supply rises and labor productivity rises. B) The U.S. dollar depreciates and wage rates fall. C) The U.S. dollar appreciates and labor productivity rises. D) Foreign real national income falls and wage rates rise. E) none of the above