Discovery of natural resources-population and production

Assignment Help Business Economics

Reference no: EM131006422

1. Mill's answer to number four is explained because of progress in:

A. Discovery of natural resources

B. Population and production

C. Improvements in the financial system

D. Government involvement in the economy

2. The solution to a commercial crisis is, according to Mill:

A. Lowering of interest rates and increases in available credit

B. Tax cuts

C. Increases in government spending

D. A restoration of confidence

3. According to Mill in the reading on Interest, interest pays the owner of capital for his:

A. Effort B. Frugality C. Abstinence D. Foresight

4. According to Mill, there is a _________ rate of interest, to which the market tends to return.

A. Superior B. Sufficient C. Natural D. Effective

5. According to Mill, the interest rate is created by the interaction of:

A. demand for and supply of loans

B. demand for and supply of money

C. demand for and supply of investment

D. government spending and private borrowing

Reference no: EM131006422

Questions Cloud

Which analyzer should be purchased : Assume that after 3 years the company will sell the selected analyzer. Using the same total tax criterion, does either analyzer have an advantage? The selling prices are expected to be $130,000 for analyzer 1 and $225,000 for analyzer 2.

Problem regarding the plowmasters : PlowMasters is a locally owned and operated snow removal business. PlowMasters provides residential and commercial snow removal for clients throughout a large metropolitan area. Typical services include drive- way and walkway snow removal, as well..

Time inconsistency and availability heuristic : Eric tries to eat more healthfully by eliminating cookies, donuts, and similar snacks from his diet. Every day at work, however, co-workers bring in these treats and Eric succumbs to temptation. Which of the following concepts would behavioral econom..

Interest is paid semiannually on july 31 and january 31 : Prepare the journal entry to record their issuance by Strauss-Lombardi on February 1, 2011.

Discovery of natural resources-population and production : Mill's answer to number four is explained because of progress in: The solution to a commercial crisis is, according to Mill: According to Mill in the reading on Interest, interest pays the owner of capital for his: Discovery of natural resources. Pop..

Share of stock paying a dividend : How much would you pay for a share of stock paying a dividend ?(cash payout ?C) of ?$4 to be paid in one? year, a known selling price in one year ?(?P) of ?$50?, and expected return ?(R) of similar assets of 2?%? Compute the price of a share of stock..

Is the phillips curve really dead : In the 1997-99 period many self-proclaimed economists claimed that the Phillips Curve was finally dead. Apparently, the “old macro rules” didn't work anymore, possibly because the “new economy” had arrived. Think about the third equation in the model..

Determine next year percentage and cost depletion amounts : A new study to appraise mine re- serves indicates that no more than 800,000 tons of salable coal remains. Determine next year's percentage and cost depletion amounts, if estimated gross income is expected to be between $6.125 and $8.50 million on ..

Prepare an amortization schedule that determines interest : Prepare an amortization schedule that determines interest at the effective rate each period.

User Account

All Pages