The natural rate of unemployment is not zero. It is at least 5 percent, allowing for individuals who are frictionally and structurally unemployed
Indicate whether the statement is true or false
True
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A rightward shift in the demand curve in the loanable funds market causes a ________ the demand curve in the investment demand market.
A. leftward shift in B. downward movement along C. rightward shift in D. upward movement along
Unlike firms that sell stock in financial markets, which are known as ________ firms, companies which do not sell stock in financial markets are known as ________ firms
A) public; private B) corporate; proprietary C) open; closed D) stock market; bond market
If the total output is 300, the velocity of money is 5, and the money supply is 600, then the price level is
A) 10.0. B) 2.0. C) 2.50. D) 5.0.
The nominal interest rate parity condition states that
A) domestic and foreign assets must have nominal returns that are identical, irrespective of the characteristics of the assets. B) when domestic and foreign assets have identical risk, liquidity, and information characteristics, their nominal returns must also be identical. C) while nominal returns are equalized across all foreign and domestic assets, real returns may vary widely. D) while real returns are equalized across all foreign and domestic assets, nominal returns may vary widely.