Bonds may be issued by the U.S.
A. Congress.
B. Immigration and Naturalization Agency.
C. Treasury.
D. Federal Reserve Bank.
Answer: C
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According to real business cycle theory, an increase in financial frictions might lead to ________, if ________
A) a decrease in output; the rise in the credit spread causes a leftward shift of aggregate demand B) a decrease in inflation; the disruption of capital markets results in a leftward shift of long-run aggregate supply C) a decrease in output; the disruption of capital markets results in a leftward shift of long-run aggregate supply D) a decrease in output; a decline in expected output causes a leftward shift of aggregate demand
In 2013, about what percentage of goods and services sold in the United States was imported?
a. 5% b. 16% c. 22% d. 88%
Euler's theorem implies that if a production function exhibits constant returns to scale, then:
A. economic profit is zero. B. accounting profit is zero. C. the marginal product of labour equals the real wage. D. the marginal product of capital equals the real interest rate.
All of the following are factors that will change demand and shift the demand curve, EXCEPT Question 20 options:
A. the price of the good itself. B. preferences. C. income. D. the prices of related goods.