A stable regular relation between income and the money stock as the medium of exchange presumes that
A) no interest is paid on the medium of exchange.
B) as interest rates increase the amount of money held increases.
C) as interest rates increase the amount of the medium of exchange held decreases.
D) A and B.
D
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Specific tariffs are
A) import taxes stated in specific legal statutes. B) import taxes calculated as a fixed charge for each unit of imported goods. C) import taxes calculated as a fraction of the value of the imported goods. D) the same as import quotas. E) import taxes calculated based solely on the origin country.
Fundamental analysis shows that stock in Stainless Appliance Company has a present value below its price
a. This stock is overvalued; you should consider adding it to your portfolio. b. This stock is overvalued; you shouldn't consider adding it to your portfolio. c. This stock is undervalued; you should consider adding it to your portfolio. d. This stock is undervalued; you shouldn't consider adding it to your portfolio.