In which of the following markets are funds demanded and supplied?
A. the factor market
B. the money market
C. the labor market
D. the goods and services market
Answer: B
You might also like to view...
Historically, government bonds have averaged a real return of about ____ percent, while a broad index of stocks generates a _______ percent return over the same period.
A. 2; 7 B. 7; 2 C. 7; 12 D. 12; 7
Which of the following does not apply to a firm that has shut down in the short run?
a. Variable cost is zero. b. Total revenue is zero. c. Total cost exceeds total revenue. d. Total cost is zero. e. Fixed cost is positive.
The national debt refers to the total amount that the government:
a. has borrowed over time. b. borrowed last year. c. plans to spend this fiscal year. d. has spent over time.
What does macroeconomic theory predict as the main economic effect of a reduction in the budget deficit?
a. lower real interest rates b. a drop in the exchange rate c. an increase in net exports d. All of the above are correct.