For how long must most hedge fund investors wait before withdrawing funds?
A) 1 to 3 days
B) 1 to 3 weeks
C) 1 to 3 months
D) 1 to 3 years
D
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We distinguish between the long-run aggregate supply curve and the short-run aggregate supply curve. In the long run
A) technology is fixed but it is not in the short run. B) the price level is constant but in the short run it fluctuates. C) the aggregate supply curve is horizontal while in the short run it is upward sloping. D) real GDP equals potential GDP.
The producer of compliments may want to advertise them together
Indicate whether the statement is true or false
To increase the money supply, the Fed might: a. increase the reserve requirement and the discount rate
b. decrease the reserve requirement and the discount rate. c. increase the reserve requirement and decrease the discount rate. d. sell government securities and increase the discount rate. e. sell bonds on the open market and increase the reserve requirement.
The number of times per year each dollar is used to transact an exchange is the:
a. quantity theory of money. b. velocity of money. c. equation of exchange. d. turnover rate. e. expenditure rate.