Figure 9.1 shows three aggregate demand curves. A movement from point b to point a could be caused by a(n)
A) increase in government spending. B) decrease in the money supply.
C) increase in taxes. D) increase in the price level.
D
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Which of the following statement(s) is true?
(a) All state legislatures acted to create corporations. (b) The federal government created the federal incorporated entities when it established the First (1791–1811) and Second (1816–1836) Banks of the United States. (c) All federal, state and local governments possessed the right to create corporations. (d) All of the above are true.
Assume that a firm is able to cover its variable costs if it operates in the short run. If marginal cost equals $0 for all output levels, then the firm's profit-maximizing output level occurs where
a. total cost is minimized b. marginal revenue is maximized c. marginal revenue is minimized d. marginal revenue equals $0 e. total revenue is minimized
In a two-commodity world, balanced growth in a country decreases its willingness to trade because the country becomes self-sufficient in the production of both the goods.
Answer the following statement true (T) or false (F)
(Consider This) Since 1990, U.S. immigrants have founded ____ of every _____ public companies financed by venture capital
A. 1; 4 B. 1; 3 C. 1; 2 D. 2; 5