An increase in the interest rate shifts the money demand curve to the right

a. True
b. False


B

Economics

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It is sometimes claimed that garbage collectors are paid more than elementary school teachers. If this is true, one reason might be

a. the difference in working conditions b. that school teachers are usually women c. that the supply of teachers is small d. that the demand for teachers is small e. that the market does not value teachers

Economics

Regulatory agencies always protect consumers by forcing regulated firms to sell at the lowest possible price

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

Economics

Refer to the table below. As stated in the first row, the income of the consumer (1) equals $20. The price of good X (Px) equals $4.00, and the price of good Y (Px) equals $2.00. Total utility derived from consuming X and Y is listed. what is the marginal utility per dollar spent on the fifth unit of good X?

Economics

Most economists would place the costs of food for soldiers in the

A. capital budget. B. operating budget. C. entitlement budget. D. food stamp budget.

Economics