Workers often have ________ contracts and so their wages are ________
A) short-term; sticky B) short-term; flexible
C) long-term; flexible D) long-term; sticky
D
Economics
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If a one-year bond is purchased for $400 and the interest rate is 8 percent, what will it pay in one year?
A) $48 B) $368 C) $400 D) $432
Economics
If banks receive a greater amount of reserves and do not hold all of these reserves as excess reserves, the money supply expands
Indicate whether the statement is true or false
Economics