Suppose economic stability in the United States increases. This will tend to cause which of the following to occur?
A) The demand for U.S. dollars will rise in the foreign exchange market.
B) The supply of U.S. dollars will rise in the foreign exchange market.
C) The demand for euros will rise in the foreign exchange market.
D) Nothing will change in the foreign exchange market.
A
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When the ________ effect dominates the ________ effect, the labor supply curve is ________
A) income; substitution; vertical B) substitution; income; positively sloped C) income; substitution; negatively sloped D) substitution; income; horizontal
There is an average price for a used car that accounts for both good used cars and bad used cars ("lemons"). At the current market price for used cars, the persons __________ likely to offer their used cars for sale are people who own __________.
A. most; "lemons" B. least; good used cars C. least; "lemons" D. a and b E. There is not enough information to answer the question.
From 1950 to 2009, the average length of expansions in the United States has been
A) less than 2 years. B) between 2 year and 3 years. C) between 3 years and 4 years. D) longer than 4 years.
Which of the following countries had the highest percentage of young adults with a college degree in 2012?
a. Norway b. Canada c. Japan d. France e. Italy