If you wish to maintain a constant purchasing power when you retire, you should choose retirement income options that are:
A. inflated.
B. deflated.
C. nominal.
D. indexed.
Answer: D
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The growth rate of productivity is the most important determinant of material well-being in the short run
a. True b. False Indicate whether the statement is true or false
The lure of _______ directs resources toward capital investments.
A. future profits B. current consumption C. high interest rates D. future interest rates
Brazil has shown ________ interest in becoming a leader of the global South
a. More b. Less
Suppose a steel mill pollutes the lake and harms a fishing firm. Under a Coase bargaining solution, an efficient solution exists between the two entities if:
A. the property rights to the lake is assigned to the fishing firm. B. the property rights to the lake is assigned to the steel firm. C. the property rights to the lake is assigned to the government. D. the property rights to the lake is assigned, regardless to whom it is assigned, the steel mill or the fishing firm.