A 401(k) account means that the maximum amount of savings that can be deposited is $401,000.
A. True
B. False
C. Uncertain
B. False
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The money supply that consists of currency, transaction deposits, and traveler's checks is
A) the fiduciary monetary system. B) M1. C) M2. D) the liquidity approach.
In an economy where planned aggregate spending is given by PAE = 3,000 + .75Y ? 10,000r, the central bank is currently setting the interest rate at 0.06 (6 percent). If potential output equals 9,500, the central bank must ________ the interest rate to close the ________ gap.
A. lower; recessionary B. lower; expansionary C. raise; expansionary D. raise; recessionary
The long-term financing dimension of financial management ________.
A) deals with the selection, issuance, and management of long-term debt and equity B) is unaffected by currency changes because everyone borrows in U.S. dollars C) focuses on the analysis of investment opportunities D) is independent of the capital structure of an MNE
In April? 2017, which of the following demographic groups had a higher rate of unemployment than the unemployment rate for the total? population?