An optimum currency area functions best when labor is immobile from country to country
a. True
b. False
B
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A cross-section graph
A) is divided into different sections. B) shows values of an economic variable for different groups in a population at a point in time. C) measures time on the x-axis and the variable in which we are interested on the y-axis. D) Both answers A and C are correct. E) Both answers B and C are correct.
Of the three motives for holding money suggested by Keynes, which did he believe to be the most sensitive to interest rates?
A) the transactions motive B) the precautionary motive C) the speculative motive D) the altruistic motive
Why is reliable data on the formation and survival of startups difficult to obtain?
Suppose a human life is worth $10 million. Installing a better lighting system in the city park would reduce the risk of someone being murdered there from 3.5 to 2.9 percent over the life of the system. The city should install the new lighting system if its cost does not exceed
a. $60,000. b. $290,000. c. $350,000. d. $600,000.