Private saving + Government saving equals ________
A) Taxes + Investment
B) Output minus Consumption
C) Government capital + human capital
D) Investment + Net exports
D
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During a period of deflation the purchasing power of the dollar _____.
Fill in the blank(s) with the appropriate word(s).
According to the quantity theory of money, increases in the money supply lead to
A) decreases in nominal Gross Domestic Product (GDP). B) increases in the price level. C) decreases in the price level. D) increases in taxes.
In August 2015, Intermarket Corporation’s 6 percent coupon bonds, with a face value of $1,000, was sold for $1,050. This means that the yield on these bonds was
A. less than 6 percent. B. equal to 6 percent. C. equal to 105 percent of 6 percent. D. greater than 6 percent.
As the price of dvds increases from $3 to $5, the quantity demanded falls from 220,000 to 180,000 . The price elasticity of demand for dvds is:
a. -0.40 b. -0.33 c. -3.00 d. -2.50