The marginal rate of substitution is the slope of the indifference curve
a. True
b. False
Indicate whether the statement is true or false
True
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Refer to the figure below. 
If both firms offer reduced rates, each earns ________, and if both firms keep their rates high, each earns ________.
A. 500; 300 B. 300; 500 C. 300; 50 D. 50; 300
At a given real exchange rate, which of the following, by itself, would increase the supply of dollars in the market for foreign-currency exchange?
a. foreign citizens want to buy more U.S. bonds b. U.S. citizens want to buy more foreign bonds c. foreign citizens want to buy more U.S. goods d. U.S. citizens want to buy more foreign goods
Most studies of mineral abundance have assumed that
a. Resources are relatively smoothly distributed in the earth's crust b. Resources are unevenly distributed in the earth's crust c. Resource prices will continue to rise in the near future d. Economically recoverable reserves will decrease in the near future e. The economic supply of resources will remain fixed
In the graph showing a reduction in the growth of the money supply, the natural rate of unemployment of the economy shown is ______.
a. 3 percent
b. 5 percent
c. 6 percent
d. 7 percent