A coffee shop owner has surveyed all her customers about the frozen mocha drinks they will buy. What kind of table might she use the show the information?
a. individual demand schedule
b. market demand schedule
c. individual demand curve
d. market demand curve
Ans: a. individual demand schedule
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A barter exchange
A) always takes place without greed on behalf of the trading parties. B) takes place without money. C) tends to have lower transaction costs compared to exchanges using money. D) is characterized by all of the above.
The largest marital status category of black single parents in 1960 was "married-spouse absent."
Indicate whether the statement is true or false
The demand deposit multiplier is the number by which we must multiply the
a. injection of reserves to get the total change in demand deposits b. total amount of demand deposits to get the total change in the money supply c. level of required reserves to get the total change in the money supply d. total amount of currency in circulation to find total demand deposits e. change in demand deposits to find the total change in the money supply
Why does the United States regulate automobile manufacturing in so many ways?
(A) To protect the consumer from Japanese and European automobiles. (B) To keep the price of U.S. automobiles competitive with others. (C) To offset the air pollution caused by automobiles. (D) To keep the manufacturers of U.S. automobiles from gaining too much of the market.