If the variable on the vertical axis increases by 20 and the variable on the horizontal axis increases by 5, the slope of the line is:
A. 0.25.
B. 4.
C. 15.
D. 100.
Answer: B
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The phenomenon that states that a job expands to fill the time available to accomplish a task is called:
a. Pareto's principle b. Parkinson's Law c. The Peter Principle d. Northcote's Law
Law of demand
What will be an ideal response?
Compound interest:
A. describes how quickly an interest-bearing asset increases in value. B. measures the rate of return of a portfolio of stocks and bonds. C. measures the after-tax, inflation-adjusted rate of interest. D. refers to the multiple rates of interest of various types of bonds in a portfolio.
In the short run, when the Fed increases the quantity of money, the
A) quantity demanded of money decreases. B) demand for money increases. C) nominal interest rate falls. D) demand for money decreases. E) price level decreases.