Referring to Figure 19.2, the effect of a decrease in U.S. interest rates is represented by a movement from point
A) b to c. B) c to d. C) d to a. D) c to b.
A
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The object of diversification is
A) to reduce risk and fluctuations in income. B) to reduce risk, but not to reduce fluctuations in income. C) to reduce fluctuations in income, but not to reduce risk. D) neither to reduce risk, nor to reduce fluctuations in income.
You acquire human capital by:
A. investing in health care. B. gaining experience in jobs. C. getting an education. D. All of these are true.
The use of a price system eliminates:
A. scarcity. B. equilibrium. C. shortages and surpluses. D. changes in supply and demand.
Refer to the figure below. At a price of $3, there will be: 
A. an excess supply of 7 units. B. an excess supply of 2 units. C. an excess demand of 7 units. D. an excess demand of 5 units.