Demand and quantity demanded are the same thing
a. True
b. False
Indicate whether the statement is true or false
False
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An increase in the price of good 2 will cause the demand curve for good 1 to shift out.
Answer the following statement true (T) or false (F)
A member of a corporate board of directors that is also a manager of the business is known as
A) a shareholder. B) an inside director. C) a corporate governor. D) a partner.
Ricardian equivalence implies
A) that when the government borrows more, the market real interest rate goes up. B) that if the government saves less, then the nation saves less. C) that when taxes are cut people consume more. D) that consumers will save their tax cuts to pay their future taxes.
Disposable personal income is the income that households and noncorporate businesses have left after satisfying all their obligations to the government
a. True b. False Indicate whether the statement is true or false