The increased use of credit cards leads to
A) no movement along the demand curve for money nor a shift in the demand curve.
B) a leftward shift in the demand for money curve.
C) a rightward shift in the demand for money curve.
D) a movement downward along the demand for money curve.
E) a movement upward along the demand for money curve.
B
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Most agree that ______________ is the degree to which the overall quality of one's life is judged as favorable. The General Social Surveys (GSS) of the United States asks questions about this
a. Happiness b. Fortitude c. Effectiveness d. Decision making
In order to conclude that markets are efficient, we assume that they are perfectly competitive
a. True b. False Indicate whether the statement is true or false
Moe's reservation price for his economics textbook is $100. The week before the semester begins, Moe finds a copy of his textbook online for $75. Moe's consumer surplus from buying the textbook online is:
A. $100. B. $75. C. $125. D. $25.
The financial crisis that began in 2007:
a. was predicted in detail by Alan Greenspan and Ben Bernanke. b. was centered on subprime lending and the complex financial instruments based on subprime loans. c. was caused by a downturn in the stock market. d. None of the above are correct.