Which of the following futures contracts would not have an interest rate component?
A) Treasury bonds
B) Treasury notes
C) Municipal Bond Index
D) Standard and Poor's 500 Stock Index
D
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What will happen to the exchange rate between the British pound and the U.S. dollar if British prices increase?
What will be an ideal response?
A rule that specifies the highest price that a regulated firm is permitted to set is called
A) rate of return regulation. B) price cap regulation. C) maximum price regulation. D) average/marginal cost pricing.
Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
GDP excludes most nonmarket transactions. Therefore, GDP tends to:
A. Underestimate the rate of inflation in the economy B. Overestimate the rate of inflation in the economy C. Overestimate the amount of production of the economy D. Underestimate the amount of production in the economy