If real GDP and the velocity of circulation do not change and the quantity of money grows by 3 percent, then in the long the inflation rate is
A) 0 percent.
B) 3 percent.
C) larger than 3 percent.
D) -3 percent.
E) More information is needed to answer the question.
B
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In the endogenous growth model, workers divide their time between market work and
A) accumulating physical capital. B) accumulating human capital. C) trying to invent new production processes. D) work at home.
Only about ____ of families eat together daily, meaning one meal or more a day
a. 10% b. 25% c. 43% d. 76%
Answer the following statements true (T) or false (F)
1) The Sherman Act was passed in 1914. 2) The Clayton Act was the second major piece of antitrust legislation. 3) The Federal Trade Commission Act and the Sherman Act were passed in the same year. 4) The Antitrust Division of the Department of Justice enforces antitrust laws through both civil and criminal suits. 5) Actions that violate the Sherman Act can result in penalties that total substantially more than $100 million.
Which of the following factors influence the appropriate value for the social rate of discount used in NPV analysis of stock externalities?
A) Expected rate of economic growth B) Extent of social risk aversion C) The society's rate of time preference D) all of the above