In the equation 
is the _____.
A. dependent variable
B. independent variable
C. slope parameter
D. intercept parameter
Answer: D
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The demand for money curve depicts
A) an inverse relationship between the quantity of money demanded and the quantity of bonds demanded. B) a direct relationship between the quantity of money demanded and the quantity of bonds demanded. C) an inverse relationship between the quantity of money demanded and the interest rate. D) a direct relationship between the quantity of money demanded and the interest rate.
According to the figure shown:
This figure shows the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive. A. there is no stable equilibrium to the game. B. both will act in their own self-interest and get a stable, but less than optimum, equilibrium. C. both will act in their own self-interest and get an optimum equilibrium that is stable. D. both have incentive to put forth high effort.
As one moves downward on an indifference curve, the:
a. total utility from the consumption of a good decreases. b. total utility from the consumption of a good increases. c. the total satisfaction from consumption remains the same. d. the marginal utility from the consumption of a good increases. e. the total satisfaction from consumption decreases.
Which of the following was a country that ran large deficits in the mid-1990s, and plunged into deep recession in 1997 and 1998 when foreign investors became concerned about the health of these economies, and quickly pulled their money out of stock and bond markets, real estate, and banks?
a. North Korea b. Argentina c. Thailand d. India