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Home Q & A Board Other Fields Homework Help Business Economics
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jlam10 jlam10
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6 years ago
The figure above shows
 
  A) a positive relationship.
  B) a direct relationship.
  C) a negative relationship.
  D) no relationship between the variables.


Ques. 2

Which school of thought believes that real GDP always equals potential GDP?
 
  A) only classical
  B) only Keynesian
  C) Monetarist
  D) both Keynesian and classical


Ques. 3

The limited liability enjoyed by Jitters Coffee Company Corporation is a benefit that protects
 
  A) its employees.
  B) its Board of Directors.
  C) its stockholders.
  D) all of the above


Ques. 4

When the U.S. government buys aircraft from BAe, a British corporation, it pays for them using
 
  A) euros.
  B) pounds.
  C) dollars.
  D) foreign exchange rates.


Ques. 5

Which of the following equations represents the equation of exchange?
 
  A) PM = VY
  B) MY = PV
  C) MV = PY
  D) M = VP/Y


Ques. 6

Public goods are I. nonexcludable. II. nonrival.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Ques. 7

In the figure above, an increase in income would result in the budget line
 
  A) making a parallel shift toward point a.
  B) making a parallel shift toward point c.
  C) becoming flatter.
  D) becoming steeper.
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Za_bby97Za_bby97
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6 years ago
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jlam10 Author
wrote...
#2
6 years ago
Ready for finals
wrote...
#3
6 years ago
Good luck my friend!
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