Setting a price support in the market for sugar beets above equilibrium price ________ the quantity produced and ________ the quantity bought by consumers
A) decreases; decreases
B) increases; decreases
C) decreases; increases
D) increases; increases
E) does not change; increases
B
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There is no limit for domestic central bank intervention
Indicate whether the statement is true or false
The global financial crisis lead to a decline in stock prices because
A) of a lowered expected dividend growth rate. B) of a lowered required return on investment in equity. C) higher expected future stock prices. D) higher current dividends.
In a market-oriented economy, _____
a. buyers and sellers get together to make economic decisions about the four fundamental economic questions b. an exchange is made without any agreement on immediate or future rewards c. the government makes economic decisions about the four fundamental economic questions d. goods and services are directly exchanged for other goods or services
Assume that an individual consumes two goods, X and Y. The total utility (assumed measurable) of each good is independent of the rate of consumption of other goods. The prices of X and Y are, respectively, $5 and $10. 
Given the above, if the consumer has $110 to spend on X and Y, which combination will the consumer choose?
A. 7X and 7Y B. 8X and 7Y C. 6X and 8Y D. 7X and 6Y E. 5X and 4Y