Refer to the given figure.
Based on the diagram, the nominal interest rate equals ________ and the money supply equals ________.
A. 1 percent; 500
B. 5 percent; 500
C. 7 percent; 300
D. 3 percent; 700
Answer: B
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The IS—LM model predicts that a temporary beneficial supply shock
A) increases output, national saving, and investment, but not the real interest rate. B) increases output, national saving, and the real interest rate, but not investment. C) increases the real interest rate, investment, and output, but not national saving. D) increases output, national saving, investment, and the real interest rate.
The goal of advertising is to
A) pay for public broadcasting. B) differentiate a firm's product. C) overwhelm the buyer so they buy a firm's product. D) minimize cost curves for the firm.
Unemployment is not only bad for the economy due to the loss of goods and services. Describe some other reasons why unemployment has a negative effect on the economy
What will be an ideal response?
Recall the Economics in Practice on page 372: The percentage and distribution of workers in an occupation , based on demographic characteristics such as gender, is known as
A. the glass ceiling effect. B. occupational segregation. C. utilitarian job bias. D. compensating differentials.