Refer to Figure 3-4. At a price of $25, how many units will be supplied?
A) 400 B) 500 C) 600 D) 800
D
Economics
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In the equation of exchange, if the money supply is $3 billion, the price level is 2, and the real GDP is $6 billion, the velocity is
A) 1. B) 2. C) 4. D) 36.
Economics
The target rate of inflation for the European Central Bank (ECB) is:
(a) Above 2%. (b) Below, but close to, 2%. (c) 0%. (d) None of the above, because the ECB targets a rate of deflation.
Economics
The prisoner's dilemma can be summarized in:
A. a flowchart. B. a strategy tree. C. a decision matrix. D. a strategy matrix.
Economics
Stock prices tend to ________ when the Federal Reserve raises interest rates because higher interest rates ________ dividends.
A. rise; reduce B. rise; increase C. fall; increase D. fall; reduce
Economics