People hold money for transactions purposes, precautionary reasons, and asset purposes
a. True
b. False
Indicate whether the statement is true or false
True
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If income is unequally distributed in an economy, increases in GDP may not raise well-being in an economy
Indicate whether the statement is true or false
One way for a company like McDonalds to overcome principal-agent problems is to advertise for franchisees
a. True b. False
Suppose the population (age 16 and over) of Cameroon is 250 million; 10 million are unemployed, and 125 million hold jobs. The employment/population ratio in Cameroon is
a. 8 percent. b. 50 percent. c. 54 percent. d. 92 percent.
Which of the following might cause a depreciation of the U.S. dollar versus the Japanese yen?
A. A recession in Japan. B. A recession in the United States. C. A greater demand for U.S. coal by Japan. D. More Japanese visitors to Hawaii.