21. Which of the following statements is FALSE?(A) Bitcoin transactions are recorded on a blockchain.(B) Silver is more liquid than real estate.(C) A bond's yield is not inversely related to its price.(D) Labour unions can cause unemployment.22. A giant cat leaps in front of your jeep, while it is raining outside. Your friend,sitting beside you, warns you not to move, since the cat can sense movement. However,you are stupid and need to vape, so you take a few draws from your Juulcouldn't control yourself, could you!?! Simp.The cat grabs you and eyes you up and down while licking her lips. Before the cat eatsyou, she yells, “The optimal rate of unemployment is zero!"Why is the cat wrong?you just(A) Because she's a cat, and everyone knows that sigma males are just incels whoconvince themselves they're Chad.(B) In a Dynamic Stochastic General Equilibrium framework, the initial parametersof unemployment are never set to zero, since that makes no sense within such aparadigm.(C) So-called 'tight' central bank policy never allows unemployment to be zero.(D) Structural and frictional unemployment can benefit the economy.23. You intend to purchase a giant statue of He-Man, but the vendor only takes cash.to the bank, but they tell you that they do not have your money on hand. What'sYougogoing on?2(A) The bank borrowed at a rate above the Bank Rate.(B) The bank teller is in the back, updating his OnlyFans. This kind of exclusivecontent cannot be seen anywhere else.(C) The bank's reserves are drained.(D) The bank has adopted full-reserve banking.'Vaping is for virgin incels. Chads smoke pipes.2 And so I wake in the morning and I step outside and I take a deep breath and I get real high and Iscream from the top of my lungs, "What's going on?"8.

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Answered: (B) Silver is more liquid than real…

(B) Silver is more liquid than real estate. (C) A bond's yield is not inversely related to its price. (D) Labour unions can cause unemployment.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter1: Ten Principles Of Economics

Section: Chapter Questions

Problem 5PA

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