superimpression
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1. A Texas freight company buys a new truck made in California by a Japanese company. What happens as a result?
A. U.S Investment and GDP increases, but Japanese GDP is unaffected
B. None will be affected because trucks are intermediate goods.
2. Which of the following statements about real and nominal interest rates is correct?
A. Real and nominal rates always move closely together.
B. Real and nominal rates never move closely together.
C. When inflation stays low over time, real and nominal rates move closely together.
3. Which of the following is correct?
A. Bank runs increase Bank reserves and decrease the money supply.
B. Bank Runs decrease Bank reserves and decrease the money supply.
4. The Conservation Reserve Program CRP specifies that the U.S government will pay farmers a certain amount per acre for each year that marginal land is taken out of production and used for wildlife habitat. How are payments made to farmers under this program?
A. The payments will be included as part of GDP because the land is increasing the production of wildlife.
B. The payments will be included as part of GDP because the payments represents income to farmers.
C. The Payments won't be included as part of GDP because the payments don't represents purchases of final goods or services.
5. Mark has just finished school, but hasn't yet begun to look for a job. As a result,
A. the unemployment rate increases, and the labor-force participation rate decreases
B. the unemployment rate increases, and the labor-force participation rate is unaffected.
C. Both unemployment and labor-force participation rates increases.
D. the unemployment and labor-force participation rate is unaffected.
A. U.S Investment and GDP increases, but Japanese GDP is unaffected
B. None will be affected because trucks are intermediate goods.
2. Which of the following statements about real and nominal interest rates is correct?
A. Real and nominal rates always move closely together.
B. Real and nominal rates never move closely together.
C. When inflation stays low over time, real and nominal rates move closely together.
3. Which of the following is correct?
A. Bank runs increase Bank reserves and decrease the money supply.
B. Bank Runs decrease Bank reserves and decrease the money supply.
4. The Conservation Reserve Program CRP specifies that the U.S government will pay farmers a certain amount per acre for each year that marginal land is taken out of production and used for wildlife habitat. How are payments made to farmers under this program?
A. The payments will be included as part of GDP because the land is increasing the production of wildlife.
B. The payments will be included as part of GDP because the payments represents income to farmers.
C. The Payments won't be included as part of GDP because the payments don't represents purchases of final goods or services.
5. Mark has just finished school, but hasn't yet begun to look for a job. As a result,
A. the unemployment rate increases, and the labor-force participation rate decreases
B. the unemployment rate increases, and the labor-force participation rate is unaffected.
C. Both unemployment and labor-force participation rates increases.
D. the unemployment and labor-force participation rate is unaffected.