Refer to Figure 10-3. Best friends Laurel and Hardy, both enjoy watching romantic comedies and science fiction movies. Based on the diagrams above what can you conclude about their movie preferences?
A) They have identical movie preferences.
B) The diagrams do not provide any information about relative preferences.
C) Laurel enjoys science fiction movies more than Hardy.
D) Laurel enjoys romantic comedies more than Hardy.
D
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The increased use of credit cards leads to
A) no movement along the demand curve for money nor a shift in the demand curve. B) a leftward shift in the demand for money curve. C) a rightward shift in the demand for money curve. D) a movement downward along the demand for money curve. E) a movement upward along the demand for money curve.
The main source of government funding is
A) user fees. B) taxes. C) borrowing. D) transfer payments.
Refer to the diagram. Which line(s) show(s) a negative relationship between x and y?
What will be an ideal response?
You're traveling in Ireland and are thinking about buying a new digital camera. You've decided you'd be willing to pay $125 for a new camera, but cameras in Ireland are all priced in euros. If the camera you're looking at costs 115 euros, under which of
the following exchange rates would you be willing to purchase the camera? (Assume no taxes or duties are associated with the purchase.) A) 0.56 euros per dollar B) 0.89 euros per dollar C) 0.92 euros per dollar D) You would purchase the new camera at any of the above exchange rates.