wealth increases in the United states because the
value of the stock market increases if all equals this would
cause
It can actually be mentioned that if the value of the stock market is increasing, this means there is more amount of investment and this would cause positive trend in the business cycle and this positive trend is something that is necessary for the economic growth or the expansion phase of a country
wealth increases in the United states because the value of the stock market increases if all...
The value of money in the United States is based on the stock of gold and silver held by the United States government. True/False The value of money in the United States is based on the stock of gold and silver held by the United States government. True/False The President writes the official budget for the federal government. True/False The Fed will engage in Contractionary Monetary Policy when the economy is in a recession. True/False
QUESTION 1 Between 1774 and 1973, the distribution of wealth in the United States became more equal as measured by the Gini coefficient slightly more unequal as measured by the Gini coefficient perfectly unequal perfectly equal QUESTION 2 When the Gini coefficient increases, income inequality increases income equality increases the slope of the Lorenz curve increases everyone is made better off QUESTION 3 An income distribution becomes more unequal as the Lorenz curve moves toward the bottom right corner of...
The gross domestic product (GDP) of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2018. Scenario 2018 GDP Included Excluded Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December...
The gross domestic product (GDP) of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2015. Scenario 2015 GDP Included Excluded Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December...
The Lorenz Function is a way to measure wealth inequity in a given population (for example, residents of the United States). Ifo PS 1, then L(p)-the percent of total wealth owned by the poorest p percent of the population. In other words, if L(0.2) = 0.1, this says that the poorest 20% of people own 10% of the wealth. 1. In real-world terms, explain: (a) What would it mean if L(p) were close to p for some value of p?...
QUESTION 14 If the United States government mailed everyone in the U.S. $1 million, which all of the following would occur? standards of living for Americans would rise real wealth would rise inflation would increase all of the above
A labor market analyst believes the average income for the United States equals $43,000. Suppose she knows that the population standard deviation of income (o) equals $7,500. A random sample of n = 900 has a mean income of $42,250. Test the analysts claim at the 0.05 level. What is the p-value of the test statistic? (9 points)
The United States is not competitive with Brazil in sugar production partly because: Question 23 options: a) the United States does not focus upon sugar production. b) the opportunity cost of land suitable to sugar production in Brazil is relatively high. c) Brazil does not focus upon sugar production. d) the opportunity cost of land suitable for sugar production in the United States is relatively high. If the U.S. government wanted to use strategic trade protectionism for U.S.-produced fertilizer, it...
Your friend tells you that demand for gasoline in the United States increases in the summer because people travel more, and this causes the price of gas to increase in the summer. The friend argues that this is evidence that the "law of demand" doesn't apply for gasoline. Is the friend right or wrong?
Using the liquidity preference model, suppose that the stock market crashes and everyone's wealth decreases. What is the impact on money demand (MD) and the real interest rate (r)? A MD increases; r increases B MD decreases; r decreases C MD increases; r decreases D MD decreases; r increases