Which of the following pairs of goods are probably complements?
A. Hamburgers and ketchup.
B. Televisions and roller skates.
C. Steak and chicken.
D. Frozen yogurt and ice cream.
Answer: A
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Investments that a bank makes are known as:
A) deposits. B) liabilities. C) assets. D) capital.
The table above lists six points on the production possibilities frontier for grain and cars. What is the opportunity cost of producing the 5th ton of grain?
A) 16 cars per ton of grain B) 6 cars per ton of grain C) 3 cars per ton of grain D) 2 cars per ton of grain
A small country is an international borrower and its domestic supply of loanable funds increases. Consequently, the equilibrium quantity of loanable funds used in the country ________ and the country's international borrowing ________
A) does not change; decreases B) does not change; does not change C) does not change; increases D) increases; does not change
The real return on money is
A) 0. B) -r. C) -i. D) -R.