The market demand curve for a product:
A. is the demand of an individual consumer.
B. will lie to the right of all of the individual demand curves for a product.
C. graphically is the vertical sum of the individual demand curves.
D. will lie below all of the individual demand curves for a product.
B. will lie to the right of all of the individual demand curves for a product.
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Assuming all else equal, if a firm decides to pay more dividends and lowers the amount of retained earnings it holds, it will cause:
A) an upward movement along the current credit supply curve of the firm. B) a downward movement along the current credit supply curve of the firm. C) the current credit supply curve of the firm to shift to the left. D) the current credit supply curve of the firm to shift to the right.
Which of the following describe the United States economy in 2008 and and the start of 2009?
A) Real GDP reached a peak. B) The economy was in a recession. C) The economy was in an expansion. D) Real GDP per person increased. E) None of the above answers is correct.
When labor productivity increases, the demand for labor curve ________ and the supply of labor curve ________
A) shifts rightward; shifts rightward B) shifts rightward; does not shift C) shifts leftward; shifts rightward D) shift s leftward; does not shift
Refer to Figure 1-4. Which of the following statements is true?
A) The slope of the tangent at E and the slope of the tangent at F are negative. B) The slope of the tangent at E is positive and the slope of the tangent at F is negative. C) The slope of the tangent at E is negative and the slope of the tangent at F is positive. D) The slope of the tangent at E and the slope of the tangent at F are positive.