Refer to Table 4.2. If you choose to invest in Japanese bonds, your investment return from Scenario D will be
A) 1%.
B) 3%.
C) 7%.
D) 13%.
A
Economics
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Moving along the potential GDP line, the money wage rate changes by the same percentage as the change in the price level so that the real wage rate
A) stays at the full-employment equilibrium level. B) increases. C) might either increase or decrease. D) decreases. E) stays the same, though not necessarily at the full-employment equilibrium level.
Economics
The turnover view of unemployment stresses that
A) most job vacancies have skill requirements not possessed by the unemployed. B) many job vacancies are located in different areas of the country than are the unemployed. C) there exist incentives for workers to refuse to accept jobs. D) there exists racial/and or sex discrimination against some workers.
Economics