Refer to the graph below. The year 2000 must be the:
A.
Year when depreciation or capital consumption equaled zero
B.
Base year of the GDP price index
C.
Point in time when GDP equaled 100
D.
Year when the GDP price index is zero
B.
Base year of the GDP price index
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If unemployment is the most significant problem in the economy, which of the following actions would be an appropriate fiscal policy response?
a. decrease taxes b. decrease government purchases c. decrease the federal deficit d. all of the above
Checkable deposits are:
A. legal tender. B. near-money. C. a medium of exchange. D. token money.
Demand for the lithium ion batteries used in the production of Tesla automobiles is
A. derived from the demand for Tesla automobiles. B. unrelated to their productivity. C. an output demand. D. perfectly elastic.
In Germany, expected future income increased during 2010. This increase led to
A) a downward shift of the consumption function. B) an upward shift of the consumption function. C) a movement upward along the consumption function. D) no movement along the consumption function and no shift of the consumption function. E) a movement downward along the consumption function.