When aggregate expenditure falls short of the level needed to generate a full- employment, noninflationary equilibrium, then a recessionary gap exists
Indicate whether the statement is true or false
T
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An increase in disposable income leads to a
A) rightward shift of the supply of loanable funds curve. B) rightward shift of the demand for loanable funds curve. C) downward movement along the supply of loanable funds curve. D) leftward shift of the supply of loanable funds curve. E) leftward shift of the demand for loanable funds curve.
Disney and Fox must decide when to release their next films. The revenues received by each studio depend in part on when the other studio releases its film. Each studio can release its film at Thanksgiving or at Christmas
The revenues received by each studio, in millions of dollars, are depicted in the payoff matrix above. Which of the following statements CORRECTLY describes Disney's strategy given what Fox's release choice may be? A) If Fox chooses a Thanksgiving release, Disney should choose a Christmas release. B) If Fox chooses a Christmas release, Disney should choose a Thanksgiving release. C) Disney should release on Thanksgiving regardless of what Fox does. D) Both answers A and B are correct.
Selling a good at a lower price in a foreign country than in the home country is an example of
a. an export subsidy. b. dumping. c. an export barrier. d. None of these.
Related to the Economics in Practice on p. 447: In the U.S. from 1955 to 1996, the labor force participation rate increased for ________ and decreased for ________.
A. men; women B. white men; African American men C. women; men D. African American women; white women