In the market for wheat, there are many farmers selling exactly the same type of wheat. This is an example of:
What will be an ideal response?
perfect competition
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Stocks and bonds:
a. Are both components of gross private domestic investment. b. Are not a part of gross private domestic investment, because to include them would be double counting a nation's assets and liabilities. c. Are not a part of gross private domestic investment, because to include them would be double counting a nation's personal consumption and investment. d. Are not a part of gross private domestic investment, because they are a part of financial services, which are a separate component of GDP. e. None of the above.
The Keynesian short-run aggregate supply (SRAS) curve
A) shows that real Gross Domestic Product (GDP) will increase only if the price level increases. B) is horizontal. C) assumes a full-employment level of real Gross Domestic Product (GDP). D) does not reflect any changes in nominal Gross Domestic Product (GDP).
Total Government Debt is the sum of previous surplus and deficits.
A. True B. False C. Uncertain
The minimum-leverage-ratio approach to capital adequacy requirements
A) has been dominant since the 1930s. B) was phased out in the 1990s. C) was adopted in the 1990s. D) has never been implemented.