Which of the following is a stock?
A. Saving
B. Income
C. Wealth
D. Consumption
Answer: C
You might also like to view...
In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was 125 and the average nominal level of income was $32,000. What happened to real income from year 1 to year 2?
A. It fell by $400. B. It rose by $600. C. It rose by $400. D. It rose by $2,000.
Recall the Application. As the world price of wool decreased, the quantity of wool supplied by individual ranchers would ________, and the quantity supplied in the whole market would ________
A) decrease; increase B) increase; decrease C) increase; increase D) decrease; decrease
Which one of the following statements is the MOST accurate? By the year 1932, the United States
A) and Canada alone held more than 70 percent of the world's monetary gold. B) and Germany alone held more than 70 percent of the world's monetary gold. C) and Britain alone held more than 70 percent of the world's monetary gold. D) Britain, and France alone held more than 70 percent of the world's monetary gold. E) and France alone held more than 70 percent of the world's monetary gold.
In the equation, Unemployment rate = Natural rate of unemployment - a × (?ctual inflation - Expected inflation), the variable a is a parameter that measures how much
a. actual inflation responds to expected inflation. b. expected inflation responds to actual inflation. c. the natural rate of unemployment responds to unexpected inflation. d. actual unemployment responds to unexpected inflation.