When __________________, a firm will supply a higher quantity at any given price for its output, and the supply curve will shift to the right.
A. prices rise
B. equilibrium is achieved
C. costs of production fall
D. there is a population increase
Answer: C. costs of production fall
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What will be an ideal response?
An example of an "insider trading" law is that
A) no officer of a corporation is allowed to hold stock in that corporation. B) an officer of a corporation must report to the SEC any buying or selling of stock in that corporation. C) no dealer in domestic securities is allowed to handle foreign securities. D) no more than 25 percent of the outstanding shares of a corporation may be held by the executives of that corporation.
As interest rates rise, the ____________ curve shifts _____________ resulting in a(n) _________________ in the price level and a(n) ________________ in Real GDP
A) AD; leftward; decrease; decrease B) AD; rightward; increase; increase C) SRAS; rightward; decrease; increase D) SRAS; leftward; increase; decrease
Indexing Social Security payments:
A. still requires a concerted effort on the part of Congress to convert them to their nominal amounts. B. still requires a concerted effort on the part of Congress to vote the amount of increase. C. no longer requires a concerted effort on the part of Congress to maintain their real value. D. no longer requires a concerted effort on the part of Congress to maintain their nominal value.