Who suffers primarily when the federal government has to bail out a financial intermediary through the deposit insurance system?
A) the bank officers B) the taxpayers
C) the bank shareholders D) the U.S. Treasury
B
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The cross price elasticity of demand for a good is the percentage change in the quantity demanded in response to a given percentage change in
A) income. B) the price of that good. C) the price of another good. D) the quantity demanded of another good.
Which of the following are most likely to become an endangered species?
A) animals in the wild B) domesticated animals C) animals that people like to keep at home as pets D) animals that people have property rights to own
Refer to the information provided in Figure 12.3 below to answer the question(s) that follow. 
Figure 12.3
Refer to Figure 12.3. The DVD industry is a constant-cost industry. As the demand for DVD players shifts from D to D', which of the following is least likely to result?
A. If the market for DVD players is competitive, the price will increase to $5.00 in the short and long run. B. More resources will be allocated to produce DVD players. C. The demand for DVDs will increase. D. If the market for DVD players is perfectly competitive, economic profits in this industry will increase in the short run, but will fall back to zero in the long run.
When Kate and Sam use dollars to compare the market values of their automobiles, money is acting as a
A) unit of accounting. B) standard of deferred payment. C) store of value. D) medium of exchange.