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Questions (1,255)
The velocity of money is
a. the same thing as the long-term growth rate of the money supply. b. the money supply divided by
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Last year, you earned a nominal wage of $10 per hour and the price level was 120. This year your nominal wage is $11 per hour,
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Last year, you earned a nominal wage of $10 per hour and the price level was 120. This year your nominal wage is $11 per hour,
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In the special case of the 100-percent-reserve banking, the money multiplier is
a. 1 and banks create money. b. 2 and banks
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An economist claims that changes in information technology and unemployment insurance have reduced unemployment. Which of these
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In 2018 the Bureau of Labor Statistics reported that there were 57.4 million people over age 25 whose highest level of education
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Who of the following is not included in the Bureau of Labor Statistics' "employed" category?
a. Those who were temporarily absent
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Figure 27-3
The following figure shows a utility function for Dexter. A graph of Utility versus Wealth shows a curved line that
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Assuming the interest rate is 6 percent, which of the following has the greatest present value?
a. $300 paid in two years b. $285
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Which of the following is the correct expression for finding the present value of a $500 payment two years from today if the
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Suppose you are deciding whether to buy a particular bond. If you buy the bond and hold it for 4 years, then at that time you
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Table 26-1. The following table presents information about a closed economy whose market for loanable funds is in equilibrium.
GD
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Table 26-1. The following table presents information about a closed economy whose market for loanable funds is in equilibrium.
GD
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The price of a stock will rise if the
a. demand for the stock rises. b. demand for the stock falls. c. managers of a stock
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Two bonds have the same term to maturity. The first was issued by a state government and the probability of default is believed
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The catch-up effect refers to the idea that
a. it is easier for a country to grow fast and so catch-up if it starts out
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Which of the following measures how the level of well-being in a country has changed over time?
a. Level of nominal GDP per
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Over the past century in the United States, real GDP per person has grown, on average, by about
a. 5 percent per year. b. 1
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If the nominal interest rate is 5 percent and the real interest rate is 7 percent, then the inflation rate is
a. 12 percent. b.
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Table 24-3
The following table lists the per gallon prices of gas and milk for the months of April, May, and June. Assume that
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If the price index was 90 in Year 1, 100 in Year 2, and 95 in Year 3, then the economy experienced
a. 10 percent inflation
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Consider a small economy in which consumers buy only two goods: pretzels and cookies. In order to compute the consumer price
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Government purchases include spending on goods and services by
a. the federal government, but not by state or local governments.
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Table 23-1
The following table contains data for Chereaux for the year 2019. GDP $200 Income earned by citizens abroad $9 Income
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A newspaper article informs you that most businesses reduced production in the last quarter but also sold from their inventories
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Which of the following is included in the calculation of GDP?
a. The purchase of a used textbook from a friend who took the same
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Two goods are substitutes when a decrease in the price of one good
a. decreases the quantity demanded of the other good. b.
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Which of the following is not a determinant of the demand for a particular good?
a. Income b. Tastes c. The prices of the inputs
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Table 4-1
Price (Dollars per unit) Quantity Demanded (Units) 10 100 20 Q1 Refer to Table 4-1. If the law of demand applies to
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Figure 3-4
A pair of linear production possibilities frontier curves of lemonade versus pizzas for two individuals, Alice and
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Table 3-4
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant
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Table 3-1
Assume that John and Jane can switch between producing bread and wine at a constant rate. Labor Hours Needed to Make 1
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Figure 2-6
A production possibilities frontier line of sofas versus cars. The origin of the axis system is at (0, 0). The line
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Table 2-2
Footville's Production Possibilities Shoes Socks 800 0 600 400 400 700 200 900 0 1,000 Refer to Table 2-2. Which of the
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Figure 2-1
Two sets of opposing squares, linked by two loops. The left and right squares indicate the actors, firms and
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Which of the following statements about models is correct?
a. Models cannot be used to explain how the economy functions. b.
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A hair stylist currently cuts and colors hair for 50 clients per week and earns a profit. He is considering expanding his
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Mina decides to spend three hours working overtime rather than going to the park with her friends. She earns $20 per hour for
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When the government implements programs such as progressive income tax rates, which of the following is likely to occur?
a.
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What term refers to the idea that society has limited resources and therefore cannot produce all the goods and services people
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What's half of 50 questions?
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Can you give key sentences that will help me remember this below:
Genesis 1:6-10 In Genesis 1:6-10, the text describes the
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Can you give me 7 Cross References Scriptures that goes with this below and can you give me also a brief explanation for those
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Can you give me 2 personal Application sentences that applys to me from this below:
Genesis 1:6-10 In Genesis 1:6-10, the text
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Can you give me 2 personal Application that applys to me from this below:
Genesis 1:6-10 In Genesis 1:6-10, the text describes
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Explanations from reading all the scriptures above write in 1200 of your words your explanations – not commentaries Copy and
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Explanations from reading all the scriptures above write in 1200 of your words your explanations – not commentaries Copy and
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Explanations from reading all the scriptures above write in 1200 of your words your explanations – not commentaries Copy and
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Explanations from reading all the scriptures above write in 1200 of your words your explanations – not commentaries Copy and
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Explanations from reading all the scriptures above write in 1200 of your words your explanations – not commentaries Copy and
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Los estereotipos
For each sentence, choose "sí" if the statement is a stereotype and "no" if it is not. 1. En Latinoamérica, se
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Los Artículos
Choose the definite article that will replace the noun in each of the following sentences. 1. the red pencils * 1
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Present progressive
Choose which sentence is written correctly in Spanish for each gif. *Be careful! Some of these are
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Saber o Conocer
Saber and conocer both mean to know, but in different contexts. Choose whether you would use the verb saber or
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Match the country with the correct dish. *
4 points el queso fundido las pupusas la paella la carne de res México Argentina El
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Cultura
Choose the best answer for the following questions. 1. ¿Qué NO es un ingrediente de la paella? * 1 point el arroz la
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5 interesting facts about Spain. Please make the sentences simple and not complex. Also please make sure that the sentences are
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5 interesting facts about Spain. Please make the sentences simple and not complex.
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If the eccentricity of an ellipse is 0.571 and distance between the foci of that ellipse is 3,410,000 km,
what is the length of
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Even though Kepler's Laws state that all orbits around the Sun are elliptical, why can the Earth's orbit
around the Sun be
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Explain, in your own words, how an object undergoing circular motion is still considered to be accelerating, even if it is
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If aggregate demand shifts left, then in the short run
a. the price level and real GDP both rise. b. the price level falls and
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Figure 32-1
Refer to Figure 32-1. If the real interest rate is 6 percent, there will be pressure for a. the demand for loanable
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Pessimism
Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of
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The dollar is said to depreciate against the euro if
a. the exchange rate falls. Other things the same, it will cost more euros
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If a government of a country with a zero trade balance increases its budget deficit, then the real exchange rate
a. depreciates
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Which of the following is always correct in an open economy?
a. S = NX + NCO b. S = I c. S = I + NCO d. S = NCO
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Figure 33-3.
Refer to Figure 33-3. The natural rate of output occurs at a. Y1. b. Y2. c. Y3. d. both Y1 and Y3.
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An increase in the price level and a reduction in output would result from
a. a fall in stock prices. b. bad weather in farm
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Suppose that velocity rises while the money supply stays the same. It follows that
a. P x Y must rise. b. P x Y must fall. c. P x
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If a country has Y > C + I + G, then
a. S < I and it has a trade surplus. b. S > I and it has a trade surplus. c. S > I and it
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If velocity = 5, the price level = 2, and the real value of output is 2,500, then the quantity of money is
a. $25,000. b. $1,000.
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Table 31-1
Bolivian Trade Flows Goods Services Purchased Abroad $40 billion Purchased Abroad $20 billion Sold Abroad $10 billion
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Most economists believe that in the short run
a. real and nominal variables are determined independently and that money cannot
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The value of net exports equals the value of
a. national saving - domestic investment. b. public saving. c. national saving. d.
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If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of
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The real interest rate is 4 percent and the nominal interest rate is 6 percent. Is there inflation or deflation? What is the
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The misperceptionis theory of the short-run aggregate supply curve says that if the price level is higher than people expected,
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When Mexico suffered from capital flight in 1994, Mexico's real interest rate
a. rose and the peso depreciated. b. rose and the
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Table 31-1
Bolivian Trade Flows Goods Services Purchased Abroad $40 billion Purchased Abroad $20 billion Sold Abroad $10 billion
1 answer
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Table 31-1
Bolivian Trade Flows Goods Services Purchased Abroad $40 billion Purchased Abroad $20 billion Sold Abroad $10 billion
1 answer
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On a Sunday morning, Tom sold 300 cups of coffee for a total of $750.
a. The $750 is a real variable. The 300 cups of coffee is a
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A country has $60 million of saving and domestic investment of $40 million. Net exports are
a. $20 million. b. -$100 million. c.
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A U.S. firm buys sardines from Morocco and pays for them with U.S. dollars. Other things the same, U.S. net exports
a. decrease,
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If U.S. residents purchase $600 billion worth of foreign assets and foreigners purchase $300 billion worth of U.S. assets,
a.
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Figure 33-8
Refer to Figure 33-8. Suppose the economy starts at Z. If changes occur that move the economy to a new short run
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In the 1970s, in response to recessions caused by an increase in the price of oil, the central banks in many countries increased
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Other things the same, a decrease in the U.S. real interest rate induces
a. foreigners to buy more U.S. assets, which reduces
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A country purchases more goods and services from residents of foreign countries than residents of foreign countries purchase
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In which of the following cases was the inflation rate 12 percent over the last year?
a. One year ago the price index had a value
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Other things the same, if the real interest rate in a country falls, domestic residents will desire to purchase
a. more capital
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Given a nominal interest rate of 6 percent, in which of the following cases would you earn the lowest after-tax real rate of
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The principle of monetary neutrality implies that an increase in the money supply will
a. increase neither the price level nor
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Economic expansions in Europe and China would cause
a. the U.S. price level to rise and real GDP to fall. b. the U.S. price level
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Which of the following by itself is consistent with the directions that the price level and real GDP changed at the onset of the
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The classical dichotomy refers to the separation of
a. prices and nominal interest rates. b. decisions made by the public and
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Suppose that monetary neutrality and the Fisher effect both hold. An increase in the money supply growth rate increases
a. the
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When an increase in government purchases increases the income of some people, and those people spend some of that increase in
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The long-run effect of an increase in the money supply is to
a. decrease the price level. b. decrease the interest rate. c.
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If the marginal propensity to consume (MPC) is 0.75, the value of the multiplier is
a. 0.75. b. 4. c. 5. d. 7.5. e. none of the
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