Refer to the diagram. At output level Q total fixed cost is:
A. 0BEQ.
B. BCDE.
C. 0BEQ - 0AFQ.
D. 0CDQ.
B. BCDE.
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The above table has the demand and supply schedules for money. What is the equilibrium nominal interest rate?
A) 8 percent B) 7 percent C) 6 percent D) 5 percent E) 9 percent
"An increase in the real interest rate increases the quantity of investment." Is the previous statement correct or incorrect?
What will be an ideal response?
If the Fed purchases $1 million worth of securities and the required reserve ratio is 8%, by how much will deposits increase (assuming no change in excess reserves or the public's currency holdings)?
A) rise by $1 million B) decline by $1 million C) rise by $8 million D) rise by $12.5 million
Explain how globalization impacts inflation in both the short run and the long run.
What will be an ideal response?