Pension funds are partially guaranteed by the
A) Social Security Administration.
B) Federal Deposit Insurance Corporation.
C) Federal Reserve.
D) Pension Benefit Guaranty Corporation.
D
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Refer to the scenario above. The best approach to play this game is to use:
A) a dominant strategy. B) backward induction to come to a decision. C) a credible commitment to influence the payoffs of the game. D) a mixed strategy.
Which one of the following events will leave GDP unchanged?
a. You pay $500 to repair your car damaged in an accident. b. You buy a new domestic car to replace one that was stolen. c. You lose $500 playing blackjack with friends. d. You work extra hours this month to help make up for the money you lost playing blackjack.
Fine Edge manufactures lawn mowers. In 2014 it had $2 million worth of lawn mowers in inventory. In 2015 it sold $10 million worth of lawn mowers to consumers and had $1 million worth of lawn mowers in inventory. How much did the lawn mowers produced by Fine Edge add to GDP in 2015?
a. $11 million b. $10 million c. $7 million d. $9 million
In a two-country world, the depreciation of the domestic currency shifts
A) the AD curve rightward and the SRAS curve leftward. B) the AD curve leftward and the SRAS curve rightward. C) both the AD curve and the SRAS curve rightward. D) both the AD curve and the SRAS curve leftward. E) the AD curve rightward and does not affect the SRAS curve.