In the money market, an excess demand of money will:
A) increase the supply of bonds, increase bond prices, and decrease interest rates.
B) increase the supply of bonds, decrease bond prices, and decrease interest rates.
C) increase the supply of bonds, increase bonds prices, and increase interest rates.
D) increase the supply of bonds, decrease bond prices, and increase interest rates.
D
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According to classical macroeconomists, prices adjust ________ to shocks, so the government should ________
A) slowly; do little B) rapidly; do little C) rapidly; fight recessions D) slowly; fight recessions
To determine the marginal physical product of labor, you must
a. hold total output constant and calculate how much revenue an additional worker generates b. hold capital constant and calculate how much revenue an additional worker generates hold capital constant c. hold all other factors of production constant and calculate how much output an additional worker produces d. hold labor constant and calculate how much output an additional worker produces e. hold labor constant and calculate how much revenue an additional worker generates
It would require the most money to maintain a margin account when
A. You went short at $4.00 and futures are now at $3.00 B. You went long at $4.00 and futures are now at $3.00 C. You went short at $4.00 and offset your position when futures were at $3.50 D. Either A or B as you need margin money whether you are short or long
In a simple circular flow diagram, who supplies factors of production in markets and who buys these factors of production? Who supplies goods and services in markets and who buys these goods and services?
What will be an ideal response?