When glucose is high, cAMP is _____ : CAP _____ bind the lac operator, and RNA polymerase _____ bind the lac promoter.

If Md = 2,600 – 200r, the MPC = .75, G=100, and T = 100 . If the central bank wants the interest rate to be r=2, then the money supply must be

a. 5. b. 400 c. 300 d. 3,000 e. not enough information was given.

Taxes cause:

a. Market distortions b. Reduce incentives to work c. Decrease wealth creating transactions d. All of the above

Foreclosure is when a:

A. bank takes ownership of a property because the property owner cannot make the mortgage payments due. B. person is forced to sell his home for less than what he paid for it. C. person is forced to sell his home for less than what it is currently worth. D. person is forced to sell his home for less than what he still owes for it.

Real GDP values current output of goods and services at their current prices

a. True b. False Indicate whether the statement is true or false