Graphically, the trend line for the nominal mortgage rate coincides with the trend line for the real mortgage rate if the rate of inflation is zero
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements is true regarding part-time workers?
A) Part-time workers who are part-time for economic reasons are included in the unemployment rate, but part-time workers who are part time for noneconomic reasons are not included in the unemployment rate. B) The percentage of workers who are part time due to non-economic reasons rise significantly during recessions. C) The percentage of workers who are part time due to non-economic reasons is about the same percentage as those who are voluntary reasons. D) Part-time workers are divided those who voluntary choose part-time work and those who work part-time due to economic reasons. E) The percentage of workers who are part time due to economic reasons does not change much over the business cycle.
St. Mary's Church has a balloon payment of $100,000 due on its mortgage in two years. If the interest rate is 8 percent, the present value of St. Mary's balloon mortgage payment is
A) $100,000.00. B) $116,640.00. C) $85, 733.88. D) None of the above answers is correct.
If the quantity of tacos demanded is represented by the equation QD = 20 - 0.5P then the corresponding price of tacos is represented by the equation
A) P = 10 - 2QD. B) P = 40 - 2QD. C) P = 0.5QD + 10. D) P = QD + 40.
Which of the following would be considered a leading indicator?
a. Prime interest rate b. Personal income c. Money supply d. Inventories to sales ratio e. Unemployment duration