Publications such as Consumer Reports magazine
a. increase the optimal amount of information gathered
b. reduce the optimal amount of information gathered
c. reduce the amount of common knowledge
d. raise the marginal benefit of information curve
e. make consumers perfectly informed
A
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The table above gives Jane's total utility from magazines and CDs. What is the marginal utility of Jane's sixth magazine?
A) 80 units B) 60 units C) 36 units D) 15 units
The money market is in equilibrium
A) at any point on the IS curve. B) at any point on the LM curve. C) at only one point on the LM curve. D) only at the intersection of the IS and LM curves.
What can be said about the comparison between the unemployment benefits offered in Europe and in the United States?
a. Unemployment benefits tend to be lower in Europe and are offered for shorter periods than in the United States b. Unemployment benefits tend to be higher in Europe and are offered for shorter periods than in the United States c. Unemployment benefits tend to be lower in Europe and are offered for longer periods than in the United States d. Unemployment benefits tend to be higher in Europe and are offered for longer periods than in the United States e. Unemployment benefits in Europe and the United States tend to be of similar magnitude and are offered for similar periods.
The major contributor to the long-run improvement of a country's standard of living is
A) low inflation. B) growth in government. C) population growth. D) technological progress.