Households act as demanders when they demand
a. that corporate executives and government officials be held accountable for their actions
b. dividends from the stocks they hold
c. interest and capital gains from the bonds they hold
d. goods and services from firms and the government
e. payment for the goods and services they sell to firms and governments
D
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What has been the market outcome of government-enforced price floors for agricultural products?
A) Not enough food has been produced. B) Farmers have been made worse off. C) A shortage of agricultural products has resulted. D) A surplus of agricultural products has resulted.
Most economists believe that money neutrality
a. does not hold in the short run. b. does not hold in the long run. c. does not hold in either the short run or long run. d. holds in the short run and the long run.
The walls of the heart are made of:
A. cardiac muscle. B. contractile muscle. C. striated muscle. D. voluntary muscle.
If the slope of the indifference curve for goods X and Y is -2, then the marginal rate of substitution is
A. 0. B. 1/2. C. 2. D. infinite.