A government policy of providing job training for unskilled youths is an example of a policy to promote economic growth by:
A. increasing physical capital.
B. improving technology.
C. increasing the availability of natural resources.
D. increasing human capital.
Answer: D
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By definition, a firm is
A. a business organization that consists of more than one person. B. an organization, whether private or public, that may or may not make a profit. C. a business organization that utilizes resources to produce goods or services with the goal of making a profit. D. a business organization that makes profits.
________ buys so as to make MUx/MUy = Px/Py for all pairs of goods.
A. Every consumer B. A utility-minimizing consumer C. A utility-maximizing consumer D. Only a consumer with an unlimited budget
Government policies that encourage savings
A) reduce interest rates. B) increase interest rates. C) have no effect on interest rates. D) lower the net present value of all investments.
Refer to the information provided in Figure 25.1 below to answer the question(s) that follow.
Figure 25.1Refer to Figure 25.1. The money demand curve will shift from 
to 
if
A. the price level increases. B. interest rates rise. C. interest rates fall. D. nominal income decreases.