Roughly what percentage of money income was earned by the highest 5% of income earners in the U.S. in 2010?
A) 10%
B) 20%
C) 30%
D) 40%
E) 50%
B
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In the pre-World War I period, the U.S. exported mainly
A) manufactured goods. B) services. C) primary products including agricultural. D) technology intensive products. E) weapons.
A speculative attack:
A. can occur with any currency. B. can occur to currencies with floating exchange rates. C. can occur to currencies with fixed exchange rates. D. are illegal and no longer occur.
In the Keynesian model, the most important influence on planned consumption is
a. the interest rate. b. expectations. c. disposable income. d. the price level.
When the marginal revenue curve is drawn for a monopolist, the curve
a. is above the monopolist's demand curve initially and then falls below the demand curve. b. is above the monopolist's demand curve for all output levels c. is equal to the monopolist's demand curve at all output levels. d. is below the monopolist's demand curve, beyond the initial unit produced.