Workers who put 10% of their income into a retirement account each year are: consuming all of their income. smoothing consumption. c. dissaving. trying to match income and spending.
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If the CPI for this year is lower than the CPI for last year…
If the CPI for this year is lower than the CPI for last year, disinflation must have occurred.
Which of the following tends to increase unemployment? a. un…
Which of the following tends to increase unemployment? a. unemployment benefits b. minimum wages c. labor unions d. all of the above
Suppose you deposit $1,000 in your checking account. If the…
Suppose you deposit $1,000 in your checking account. If the reserve ratio is 10%, how much of your deposit can the bank loan out? a. $0 b. $100 c. $900 d. $1000
In a small economy, the quantity of money circulating in the…
In a small economy, the quantity of money circulating in the economy is $2.5 million. Real GDP for the current year is $5 million, and the average price level is 2. What is the velocity of money? a. 4 b. 2 c. 2.5 d. 5
Which of the following is TRUE of the natural unemployment r…
Which of the following is TRUE of the natural unemployment rate? a. It is equal to zero when the economy is not in a recession. b. It is higher if structural or frictional unemployment is higher.
The Calvin Benson cycle is a catabolic pathway.
The Calvin Benson cycle is a catabolic pathway.
You discover an unknown bacterial species that uses chemical…
You discover an unknown bacterial species that uses chemicals for energy and carbon dioxide as its carbon source. How would this bacterial species be classified?
Which metabolic pathway did Louis Pasteur discover?
Which metabolic pathway did Louis Pasteur discover?
Write the compound statement in symbols.Let r = ʺThe food is…
Write the compound statement in symbols.Let r = ʺThe food is good,ʺ p = ʺI eat too much,ʺ q = ʺIʹll exercise.ʺ If I exercise, then I wonʹt eat too much.