?National income (NI) is calculated by adjusting GDP for:
A. ?depreciation.
B. ? investment and net exports.
C. ?Social Security insurance contributions and transfer payments.
D. ?corporate and personal income taxes.
Answer: A
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The figure below shows the supply and demand curves for jeans in Smallville. 
The equilibrium price will NOT lead to the largest possible total economic surplus if:
A. there are diminishing returns in the production of jeans. B. jeans are purchased by consumers with reservation prices greater than $40. C. the production of jeans generates air pollution. D. the market for jeans is perfectly competitive.
Franklin D. Roosevelt's nationwide "Bank Holiday" in March 1933 merely finished the job started by the governors of the states, who were already closing down the banking systems
Indicate whether the statement is true or false
The employer is responsible for managing funds in an employee's defined contribution pension plan
Indicate whether the statement is true or false
Tight monetary policy raises the real interest rate, which ________ the demand for dollars, ________ the supply of dollars, and ________ the equilibrium value of the dollar.
A. decreases; decreases; decreases B. increases; increases; increases C. decreases; increases; increases D. increases; decreases; increases