The financial system coordinates investment and saving, which are important determinants of long-run real GDP
a. True
b. False
Indicate whether the statement is true or false
True
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Figure 36-4
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Which of the situations illustrated in Figure 36-4 shows a currency appreciation leading to disinflation?
A. 1 B. 2 C. 3 D. 4
Corporations are able to raise large amounts of financial capital because
A) of the tax breaks corporations are given relative to partnerships or proprietorships. B) of the elimination of the problem of separation of ownership and control. C) of limited liability and the treatment of a corporation as an individual entity. D) of their greater ability to monitor the performance of decision makers.
Which of the following is more likely to be able to command a higher price for its products
a. A specialty frozen yogurt producer, with high quality product b. A mall kiosk selling costume jewelry c. A specialty toy store that allows customers to self-design teddy bears d. Both A&C
Which of the following does not explain why U.S. wage rates are higher than wage rates in developing countries?
a. better education and training of workers in the United States b. greater availability of capital in the United States c. use of the latest technology in the United States d. higher productivity in the United States e. unstable business conditions in the United States