Higher price levels will eventually lead to lower interest rates as people reduce their demand for money
a. True
b. False
Indicate whether the statement is true or false
False
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The best time to purchase the stock of a corporation capable of generating large earnings in the future is when
A) everyone expects its future earnings to be larger than they are now. B) the price of the stock is lower than it has been in recent years. C) the price of the stock is higher than it has been in recent years. D) you alone expect its future earnings to be larger than they are now. E) you know the corporation has already started to generate large earnings.
The GDP deflator of an economy is calculated by:
a. dividing nominal GDP by real GDP and multiplying by 100. b. dividing real GDP by nominal GDP and multiplying by 100. c. dividing nominal GDP by real GDP and multiplying by 1,000. d. dividing real GDP by nominal GDP and multiplying by 1,000.