Which of the following counts as part of M1?
A) $5,000 worth of gold
B) $5,000 in a checking account
C) $5,000 worth of government bonds
D) $5,000 credit line on a credit card
E) $5,000 of real estate
B
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Which of the following could be a direct cause of investment spending increasing?
A. The wealth of consumers increasing causing them to radically increase their purchases. B. Interest rates increase. C. A firms costs unexpectedly drop making their profit margin higher. D. Expected future income decreases.
"When one basketball team spends a large sum of money acquiring better players, it is better off. If all teams do the same thing, all of them are better off." These statements demonstrate: a. the fallacy of composition
b. confusing association with causation. c. a misunderstanding of the direction of causality. d. the ceteris paribus condition.
The DuPont case is a good example of an incentive package gone awry. In review, it placed a portion of employee's pay into an "at-risk pool." If the division had exceeded expectations, the employees would have received a bonus from the pool. How would a "relative performance contract" have saved the DuPont bonus system?
What will be an ideal response?
Which countries are among the highest-rated nations on the Gender Development Index?
a. Niger, Mali, Saudi Arabia, and Iran b. Canada, the U.S., Israel, China, and Kenya c. France, Japan, Brazil, and the U.S. d. Norway, Iceland, Sweden, Australia, and the U.S