Refer to Table 3.1. This market will be in equilibrium if the price per pizza is Group of answer choices
A. $15.
B. $12.
C. $6.
D. $9.
Ans: D. $9.
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Banks became more willing to make subprime loans because of:
A. securitization. B. leveraging. C. hedging. D. herd behavior.
GDP includes:
a. the negative attributes in our quest for more goods and services such as soil erosion and deforested landscape. b. all quality improvements resulting from higher quality goods replacing inferior goods. c. the cleaning-up expenses associated with pollution. d. the value of leisure time.
If countries that imported goods and services from the United States went into recession, we would expect that U.S. net exports would
a. rise, making aggregate demand shift right. b. rise, making aggregate demand shift left. c. fall, making aggregate demand shift right. d. fall, making aggregate demand shift left.
Every year, the government of Yuki’s country invests in physical capital. As a result, the country’s production possibilities curve ______.
a. is rendered obsolete
b. is unaffected
c. shifts downward
d. shifts outward