True or False 1. The introduction of intratemporal trading opportunities in an economy in which these...

True or False

1. The introduction of intratemporal trading opportunities in an economy in which these opportunities did not previously exist will allow house holds to spend their income in patterns that differ from the pattern in which their income is received.

2. An examination of the historical evolution of media of exchange suggests that innovations in hte form of the medium of exchange are driven by society's desire to reduce the utility costs associated with using an item as a medium of exchange.

3. If gold is the medium of exchange in an economy, discovery of new gold deposits will lead to a reduction in the value or price of gold and to an increase in the general price level as measured by indices such as the consumer price index and GDP deflator.

4. Since falling interest rates encourage current consumption and investment in physical capital, rising bond prices are an unambiguous indicator of good economic times.

Expert Solution

1.FALSE

explanation: It is inter temporal that is along the time which gives households opportunity to spend their income in different ways than they recieve not intra temporal.

2.FALSE

explanation: As metals and other goods are limited resources and they do have higher utility cost. As people could use these metals for different purposes but the technological innovations are driven by various other factors as well like Storage and transactions costs e.t.c

3. TRUE

explanation: For this we should use keynesian money market. As gold deposits are found and their price is reduced it effictively means, real money balances are increased i.e., money supply is increased in the society. Once money supply is increased, rate of interst falls this cause increase in aggragate demand (less interest rate will stimulate more investments in the economy) this will cause general price level to rise.

4. FALSE

explanatin: That is true that lowering rate of interest cause growth but this is not always a good sign because a rising growth will also cause inflation and to curb the inflation we should increase the interest rate such that a it would push prices to fall down causing deflation. Even savings are also needed for economy to make necessary government inventions certain times.

Rahul Sunny answered 1 year ago

1) Imports are a negative to an economy. True False 2) Which of the following had...

1) Imports are a negative to an economy. True False 2) Which of the following had a negative impact on trade? Increased Trade agreements Reduced trade barriers Improved Transportation None of these 3) Globalization is a modern concept that has proponents and opponents though most people have seen some positive benefits. True False 4) Which of the following tends to have a negative effect on trade. (Pick all correct answers) Dictators War Tarriffs Nationalization New Technology

TRUE or FALSE? Correct if FALSE 1. There is no way to expand an economy using...

TRUE or FALSE? Correct if FALSE 1. There is no way to expand an economy using fiscal policy without incurring (or increasing) a budget deficit. 2. The existence of budget deficits must mean that the government is conducting an expansionary fiscal policy. 3. When a government finances its expenditures by printing money rather than collecting taxes, this can lead to “too much money chasing too few goods” and hyperinflation.

1. Trading securities are at reported on the balance sheet at amortized cost. True or False?...

1. Trading securities are at reported on the balance sheet at amortized cost. True or False? Answer ______ 2. Warranty expense estimates are higher than warranty returns in a given year. This will result in a deferred tax asset. True or False? Answer ______ 3. An increase in bonds payable is reported in the financing section of the indirect method statement of cash flows. True or False? Answer ______ 4. A change in accounting estimate should be accounted for in...

Answer True or False. A 1 If (Y) is the product of the economy, (C) the...

Answer True or False. A 1 If (Y) is the product of the economy, (C) the consumption, (Ιp) the desired investment, ΔΙs the unwanted change of reserves, and there is no public sector, then the balance is given by the relation Y = C + Ip + ΔΙs. A 2 The investment multiplier shows us how income changes when autonomous investments change and depends positively on the marginal propensity for consumption. A 3 When the economy balances on a "liquidity...

Identify which of the following statements is true and which is false. 1) _________ For a...

Identify which of the following statements is true and which is false. 1) _________ For a set of numerical data, if the mean is larger than the median, this is evidence of right-skew. 2) _________ Negative values of the standard deviation indicate that the set of values is even less dispersed than would be expected by chance alone. 3) _________ For a set of numerical data, if the mean and the median are of equal value, this is evidence of...

Decide which of the following statements are true and which are false. 1. In order for...

Decide which of the following statements are true and which are false. 1. In order for two separate 1.0 L samples of O2(g) and H2(g) to have the same average velocity, the H2(g) sample must be at a higher temperature than the O2(g) sample. 2. At constant temperature, the heavier the gas molecules, the smaller the average kinetic energy. 3. As temperature decreases, the average kinetic energy of a sample of gas molecules increases. 4. At constant temperature, the lighter...

True and False True/False Write True or False before the statement. 1. Gypsum is the brand...

True and False True/False Write True or False before the statement. 1. Gypsum is the brand name for sheetrock. 2. Coreboards and liner boards come in 2-foot widths. 3. Adhesives are not used for bonding gypsum board directly to supports. 4. Supplemental fasteners should be used with contact adhesives. 5. Gypsum panels are applied first to ceilings and then to the walls. 6. The floating angle method of drywall application omits fasteners in the corner intersection of the ceilings and...

Decide which of the following statements are true and which are false. True False Real gas molecules...

Decide which of the following statements are true and which are false. True False Real gas molecules behave most ideally at low temperature and high pressure. True False At constant temperature, the lighter the gas molecules, the smaller the average kinetic energy. True False At constant temperature, the lighter the gas molecules, the smaller the average velocity. True False In order for two separate 1.0 L samples of O2(g) and H2(g) to have the same average velocity, the O2(g) sample must be at a...

Opportunities and challenges of workplace diversity chapter 1 introduction summery

1)True or False: Ambiguity is a type of vagueness True False 2)True or False: When determining...

1)True or False: Ambiguity is a type of vagueness True False 2)True or False: When determining whether a report of an argument should be treated as an argument, it is important to consider the context in which the report is made. True True False 3) True or False: In a V argument with two premises, if one of the premises is false, then the argument is definitely weak True False 4) True or False: A report of an argument can...

Question