Almost one-half of corporate stock in the United States is owned by people whose annual income exceeds $100,000
Indicate whether the statement is true or false
T
You might also like to view...
On the long-run Phillips curve, the unemployment rate
A) equals the natural unemployment rate, but the inflation rate can be any value. B) decreases when the inflation rate increases. C) equals the natural unemployment rate, and the inflation rate equals the expected inflation rate. D) can be any value, but the inflation rate equals the expected inflation rate. E) and inflation rate can take any value.
A __________ discount rate makes it __________ advantageous to sell securities to obtain additional reserves
A) higher; less B) lower; more C) higher; more D) None of the above.
Why does an increase in the price level cause a decrease in real GDP demanded?
a. Consumer wealth increases. b. Net exports will increase. c. Interest rates decrease and cause higher investment. d. Net exports will decrease.
What would happen to the equilibrium price and quantity of lattés if the cost of producing steamed milk, which is used to make lattés, rises?
a. Both the equilibrium price and quantity would increase. b. Both the equilibrium price and quantity would decrease. c. The equilibrium price would increase, and the equilibrium quantity would decrease. d. The equilibrium price would decrease, and the equilibrium quantity would increase.