How would a decrease in the price of the feed grains used to feed cattle affect the market for beef?
a. The demand for beef would increase, increasing beef prices.
b. The demand for beef would decrease, decreasing beef prices.
c. The supply of beef would increase, decreasing beef prices.
d. The supply of beef would decrease, increasing beef prices.
C
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Explain how the Fed increases the money supply when it buys bonds in the open market
What will be an ideal response?
If Croatian firms can make 600 pitchforks or 100 hammers in a week and Slovenian firms can make 200 pitchforks or 200 hammers in a week, then
A) the costs of production differ in each country. B) the Croats have an incentive to specialize in hammers. C) the Slovenes have an incentive to specialize in pitchforks. D) all of the above are true.
Frictional unemployment is the temporary unemployment that results from the search time that occurs when people are searching for suitable jobs and firms are looking for suitable workers
a. True b. False Indicate whether the statement is true or false
Which of the following correctly identifies an advantage of entering data in a spreadsheet rather than a text file?
A. Data in various websites is more often available as spreadsheets than as text files. B. Different observations are more likely to be run together in spreadsheets than in text files. C. Spreadsheets are readable on most computers, whereas text files are not. D. Spreadsheets allow manipulation of data, whereas text files do not.