Economics Questionnaire free essay sample

If a reform of the tax laws encourages greater saving, the result would be a. higher interest rates and less investment. b. lower interest rate and less investment. c. higher interest rates and greater investment. d. lower interest rates and greater investment. c. d. Fall 2009 Douglas, A 23. If the nominal interest rate is 6 percent and the rate of inflation is 9 percent, then the real interest rate is a. -0. 33 percent. b. 15 percent. c. -3 percent. d. 3 percent. Figure 4-7. Supply and Demand for Shovels.Suppose the shovel market is currently in equilibrium as shown in Figure 4-7. What could cause the equilibrium price of shovels to rise to $35 and the equilibrium quantity to fall to 200? a. an increase in the price of steel used to make shovels. b. a drop in the price of unskilled labor (a complement). c. an improvement in the technology used to produce shovels. d. a fall in consumer income (shovels are a normal good). We will write a custom essay sample on Economics Questionnaire or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 25. Fran buys 1,000 shares of stock issued by Miller Brewing. In turn, Miller uses the funds to buy new machinery for one of its breweries. a. Fran is investing; Miller is saving. b. Fran is saving; Miller is investing. c. Fran and Miller are both saving. d. Kwamie, a full-time student not looking for work d. None of the above is correct. For the purpose of calculating GDP, investment is spending on a. capital equipment, inventories, and structures, including household purchases of new Douglas, C Â  housing. real estate and financial assets such as stocks and bonds. stocks, bonds, and other financial assets. capital equipment, inventories, and structures, excluding household purchases of new housing. Who is the current chairman of the Federal Reserve’s Board of Governors? a. Nicholas Biddle b. William Trumbull c. Alan Greenspan d. Ben Bernanke What would happen to the equilibrium price and quantity sold of ski poles if the price of new skis (a complement) falls, at the same time that the cost of aluminum used in ski poles rises? a. Quantity will rise and price may either rise or fall. b. Price will fall and quantity may either rise or fall. c. Quantity will fall and price may either rise or fall. d. Price will rise and quantity may either rise or fall. To decrease the money supply, the Fed can a. buy government bonds or decrease the discount rate.