All of the following are non-price determinants of demand except
A) tastes and preferences.
B) income.
C) technology.
D) future expectations.
C
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It is estimated that if the inflation rate is lowered from 3 percent a year to 0 percent a year, the growth rate of real GDP will rise by ________ percentage points a year
A) 2.3 B) 3.2 C) 1 to 3 D) 0.06 to 0.09 E) 0
A windfall profit tax imposed on oil companies would shift the firms'
A) marginal tax rate. B) marginal cost curve. C) average cost curve. D) production function.
All of the following are examples of conditional sales except which one?
A) territorial confinement B) tying arrangements C) exclusive dealing D) price discrimination
The labor-force participation rate equals the percentage of the labor force that is either employed or unemployed
a. True b. False Indicate whether the statement is true or false