Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.

If the velocity of money is 2, the money supply is:

a) $20 trillion. b) $10 trillion. c) $5 trillion. d) $40 trillion.

A firm currently employs four workers in a sandwich shop, and produces sandwiches at a total cost per sandwich (ATC) of $3. The sandwiches sell for $5. If the marginal cost of hiring another worker to produce sandwiches is $5.

Suppose country X currently produces widgets. Then it establishes a regional trade agreement with country Y. Following the formation of the regional trade agreement, country X no longer produces widgets and now imports widgets from country Y.

In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker.

Jeff earns well and belongs to a good team, but he is quite dissatisfied with his boss and the critical remarks he receives despite his best efforts. To which of the following determinants can Jeff's lack of job satisfaction be attributed? A.

Which group of players in the game of economics both produce and use goods and services?

In 2017, in a speech in China, Apple CEO Tim Cook stated that globalization is "great for the world ... I think the reality is you can see that countries in the world ... that isolate themselves, it's not good for their people.

A demand curve that is horizontal indicates that the commodity

An individual who make and sell goods and services are?

Rhiannon Corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.4 percent, a par value of $1,000, and a current price of $1,059. The bonds make semiannual payments. What must the coupon rate be on these bonds?

Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Georgia Corp Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Increase / (Decrease) Cash