A company's computer is classified as what account type:
a. Expense
b. Owner's Equity
c. Fixed Asset
d. Retained Earnings
c. Fixed Asset
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The increase in income generated by the additional government expenditure decreases the demand for money
Indicate whether the statement is true or false
In Taylor Rule equation, high value of parameter a indicates that
A) Fed cares more about avoiding recessions and high unemployment than about avoiding inflation. B) Fed cares more about avoiding inflation than about avoiding recessions and high unemployment. C) Fed cares more about avoiding recessions than about avoiding high unemployment. D) Fed cares more about avoiding high unemployment than about avoiding recessions.
Refer to the above figure. Suppose we are at E* and the dollar weakens. Which aggregate supply curve must apply if the price level increases?
A) 3 only B) 4 only C) 5 only D) 4 or 5
What is the key feature shared by all oligopoly markets?
a. A large number of sellers. b. Mutual interdependence. c. Product differentiation. d. Easy entry and exit.