Tag: Economics – Others

Claim: According to our quantity theory of money equation, if real GDP rises without any change in the money supply, the velocity of money will definitely change.TrueFalse

Which of the following is true about mercantilism?
Exports are encouraged and imports are discouraged
Strict government control is required
A trade deficit occurs
Both A and B

When aggregate demand increases in the Keynesian model of the short-run aggregate supply curve, A. price increases and real GDP increases.

The erosion of profits of cellphone companies due to the advent of internet-based voice singing services is an example of what type of force constraining incumbent profits

True or false: A front-loading washing machine that is more expensive than a top-loading one may still have greater economic value to customers over its lifetime.

2 In 2023, which two geographic regions of the United States had the highest rates of syphilis (all stages)?
West and South
Midwest and South
East and West
East and Midwest

US. economy will not, then this event will most likely cause:
euro to appreciate
euro to depreciate
US. dollar to depreciate
supply of euros to decrease

The C Corporation has 2 levels of taxation. Once, at the corporate level when income is earned. Second, at the shareholder level when income is distributed.TrueFalse
True
False

If a deficit increased from – $100 billion to – $400 billion, fiscal policy would be considered
contractionary
expansionary
tightening
none of these choices are correct

Because a closed economy shuts itself off to technology developed elsewhere, its growth prospects are very likelyMultiple choice question.
enhanced.
diminished.
safeguarded.