Are saving accounts money?
A. No, because counting saving accounts as money would double-count that money.
B. No, because they technically can't be used to buy goods and services.
C. Yes, because they can be used to buy goods and services.
D. Yes, even though they technically can't be used to buy goods and services.
Ans: D. Yes, even though they technically can't be used to buy goods and services.
You might also like to view...
Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
Which of the following is TRUE about monopolistic competition?
A) One firm serves as the entire industry. B) A small number of firms serve the entire market. C) It is competition among many firms producing similar but differentiated products. D) The pattern of production and trade is difficult to predict. E) It enjoys no economies of scale.
Which of the following is the correct statement of the marginal rule for optimal input proportions? The input proportion is optimal when
a. PA = PB. b. MPPA = MPPB. c. PA × MPPA = PB × MPPB. d. PA/PB = MPPA/MPPB.
Under China's current regime of fixed exchange rates and capital mobility, the main concern is domestic
A. unemployment B. inflation C. depreciation D. liquidation