If the Fed decided to reverse its policy actions implemented during the heart of the recession, the Fed would be acting to try to prevent
A) an increase in deflation. B) a decrease in unemployment.
C) an increase in inflation. D) an increase in unemployment.
C
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When economists study the interactions of different people, the focus of their studies is on
A) inequality of wealth. B) many different individual plans that must be coordinated. C) not enough jobs for everyone who wants one. D) people's excessive attachment to their own interests. E) too many dollars chasing too few goods.
When we say investment in economics we are talking about:
A. stocks. B. bonds. C. physical capital. D. None of these are examples of investment in economics.
Currently, the supply curve for human organs is perfectly inelastic
a. True b. False Indicate whether the statement is true or false
At a price for which the quantity supplied exceeds the quantity demanded, a __________ is experienced, which pushes the price __________ toward its equilibrium value
A) surplus; downward B) surplus; upward C) shortage; downward D) shortage; upward