The concept that relates how much one variable changes as another variable changes is
A) slope.
B) line.
C) curve.
D) graph.
A
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Suppose a bank repays a $10 million discount loan that it had previously borrowed from the Fed. Illustrate how this affects the balance sheets of the Fed and the banking system
What will be an ideal response?
Stephanie has decided to eat lunch between classes. She has ranked her choices, from highest to lowest as, (1 ) turkey sandwich, (2 ) tuna sandwich, (3 ) slice of cheese pizza, (4 ) cheeseburger
The opportunity cost of the eating turkey sandwich is A) the combined value of the tuna sandwich, slice of cheese pizza and cheeseburger. B) the value of tuna sandwich, the next best choice. C) the value of the cheeseburger. D) zero since she has satisfied a want.
In the AD/AS diagram, long-run economic growth due to productivity increases over time will be represented by a gradual shift to the
a. left of aggregate supply. b. right of aggregate supply. c. left of aggregate demand. d. right of aggregate demand.
In 2013, which of the following countries spent the most on Research and Development?
a. China b. Germany c. Japan d. the U.S.