Over the past 25 years, child mortality has ________ and literacy has ________ in developing countries.
A. fallen; fallen
B. fallen; risen
C. risen; risen
D. risen; fallen
Answer: B
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On the graph above, consider a point A on the aggregate demand curve and above the aggregate supply curve. At this point, ________
A) quantity demanded equals output, but the inflation rate will fall, so output will rise B) quantity demanded is greater than quantity supplied, so the inflation rate will rise C) output is greater than the quantity demanded, so output will fall D) the aggregate demand curve will shift to the right until quantity demanded is equal to quantity supplied E) none of the above
Amanda talks with several different brokers at a social gathering. She hears the following advice from brokers A, B, and C. Which broker, if any, gave her incorrect advice?
a. Broker A: "There are risks in holding stocks, even in a highly diversified portfolio.". b. Broker B: "Portfolios with smaller standard deviations have lower risk.". c. Broker C: "Stocks with greater risks offer lower average returns.". d. They all gave her correct advice.
Refer to the data. The value for Z is:
A. -5.
B. +5.
C. -10.
D. zero.
For each of the following changes, what happens to the real interest rate and output in the very short run, before the price level has adjusted to restore general equilibrium?(a)Wealth rises.(b)Money supply rises.(c)The future marginal productivity of capital increases.(d)Expected inflation declines.(e)Future income declines.
What will be an ideal response?