Which of the following is correct?
A. SMC = PMC - MD
B. MPB = MSB + MEB
C. SMC = PMC + MD
D. MSC = MPB
E. MSB = MSC + MPB
C. SMC = PMC + MD
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Predictions of stock prices by stock market analysts
a. usually improve on simple extrapolation of past trends. b. are good in both the short term and in the long term. c. are poor since Wall Street does not pay enough to attract the best analysts. d. are poor because of randomness.
Assume that the central bank sells government securities in the open market. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the real risk-free interest rate and the nominal value of the domestic currency in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns to complete equilibrium
a. The real risk-free interest rate rises and nominal value of the domestic currency falls. b. The real risk-free interest rate falls and nominal value of the domestic currency falls. c. The real risk-free interest rate and nominal value of the domestic currency remain the same. d. The real risk-free interest rate rises and nominal value of the domestic currency rises. e. There is not enough information to determine what happens to these two macroeconomic variables.
If the number of employed people decreases and the average hours worked per week increases, then
What will be an ideal response?
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, Point F
A. is efficient and attainable. B. cannot be produced with the current state of technology. C. represents underallocation of resources. D. represents what the people want.