Which of the following is NOT an example of a flow variable?
A) inventory investment B) The federal deficit
C) capital stock D) planned investment
C
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Virtual currency unit 3 (VCU3) is different from VCU2 because:
a. VCU2 cannot be spent in the real world; VCU3 can be spent in the real world. b. In terms of convertibility, there is no difference; both VCU2 and VCU3 can be purchased with and sold for legal tender. c. VCU3 can directly affect real world demand, whereas VCU2 cannot affect real-world demand. d. In terms of spending potential, there is no difference because neither VCU2 nor VCU3 can be spent in the real world.
A shift in the consumption function:
A. is based on the marginal propensity to consume. B. can be caused by a change in the price level. C. can be caused by a change in GDP. D. cannot be caused by a change in expectations.
The price that a monopolistically competitive firm will charge depends on what its competitors charge.
Answer the following statement true (T) or false (F)
Alternative Dispute Resolution (ADR) is used by many companies to:
A. reduce the high cost of commercial litigation. B. solve problems associated with the distribution of public goods. C. reduce government intervention in international trade. D. eliminate the need for a court system.