Quantitative easing is likely to lead to a(n) ________
A) increase in unemployment rate B) decrease in the price level
C) increase in the federal funds rate D) decrease in the federal funds rate
D
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When Zynga, the company behind the social games CityVille and Words With Friends, sold stock to the public for the first time in December 2011, funds were being raised in a ________ market, and when those newly issued shares are resold to other
buyers, the sales take place in a ________ market. A) primary; secondary B) secondary; secondary C) secondary; primary D) primary; primary
The reason some insurance customers are more eager to purchase insurance is
a. they are more risk averse b. they are less risk averse c. they have a greater risk of making a claim d. A and C
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the long run would be:
A. P2 and Y2. B. P1 and Y2. C. P4 and Y2. D. P1 and Y1.
If the equilibrium price of good X is $5 and a price ceiling is imposed at $4, the result will be a(n):
A. accumulation of inventories of unsold gas. B. shortage. C. surplus. D. quantity supplied that exceeds the quantity demanded.