Which of the following would be associated with an inflationary gap?
A. Interest rates too low
B. Business expectations pessimistic
C. Inventory levels too low
D. Stock market crash
E. Inventory levels are too high
Answer: C
Economics
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When investment banks buy or sell securities on their own account, it's called
A) financial engineering. B) proprietary trading. C) underwriting. D) factoring.
Economics
When graphing the per worker production function, ________ is on the horizontal axis and ________ is on the vertical axis
A) labor; real GDP B) the capital stock; real GDP C) the capital-labor ratio; real GDP per worker D) capital per worker; the labor force
Economics