Which of the following is a macroeconomic subject?
a. international shipping rates
b. price of French wine
c. price of Japanese cars
d. the rate of growth in the Canadian economy
e. home mortgage rates in Brazil
D
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The assets of a bank are its __________ of funds
A) uses B) sources C) reserves D) excess
If government imposes a price ceiling on a good that is below the market equilibrium price
A) a surplus will develop. B) a shortage will develop. C) producers will reduce their sales price. D) consumers will reduce their demand for the good.
Which firm is not dealing with adverse selection
a. a manufacturer forgoes a usual 90 day probationary period for new employees b. a temporary clerical agency requires a typing test c. a manufacturer requires suppliers to be ISO 900 . certified d. Smokers get the worse life insurance rates as non-smokers
If the price of movies on DVD rises while the price of movies purchased on demand through the Internet remains the same, the law of demand predicts that consumers will:
A. substitute movies on the Internet for movies on DVD. B. buy only movies on the Internet. C. buy only movies on DVD. D. substitute movies on DVD for movies on the Internet.