The above figures show the market for gasoline. Which figure shows the effect of the end of a nine month strike by workers at all U.S. oil refineries?
A) Figure A
B) Figure B
C) Figure C
D) Figure D
D
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The major factor contributing to the depreciation of the Euro in 1999 and 2000 was:
A) low interest rates in the U.S. relative to Europe. B) high interest rates in the U.S. relative to Europe. C) trade barriers in Europe. D) none of the above.
Why were banking panics and failures largely eliminated after 1933?
a. There were fewer recessions. b. There was more government spending. c. All U.S. currency began to be backed by gold. d. Congress created deposit insurance. e. The banking sector became less important as the US became a more trade-oriented economy.
Which of the following correctly orders U.S. income measures from largest to smallest?
a. disposable personal income, gross national product, national income, net national product, personal income b. personal income, net national product, national income, gross national product, disposable personal income c. gross national product, net national product, national income, personal income, disposable personal income d. disposable personal income, personal income, national income, net national product, gross national product
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.