Back in the Middle Ages, the only safe place to put your money was
A. in Treasury bills.
B. in goldsmiths' safes.
C. in real estate.
D. in commodity futures.
B. in goldsmiths' safes.
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Which of the following is NOT a reason social returns might be greater than private returns?
A) Excess competition between firms B) Knowledge spillovers C) Spillovers from research and development D) Capital market imperfections
Which of the following is a point made by economist Richard Easterlin (for whom the Easterlin Paradox is named) based on his research?
A) Rich people tend to be happier than poor people in the same country. B) People in richer countries tend to be no happier than people in poorer countries. C) People in richer countries tend to be much happier than people in poorer countries. D) People in poorer countries tend to be much happier than people in richer countries. E) a and b
(1)(2)(3)(4)(5)QdQdPriceQsQs5040$1070806050960708060850609070740501008063040Refer to the above table. If demand is represented by columns (3) and (2) and supply is represented by columns (3) and (4), the table suggests that equilibrium price and quantity:
A. will be $9 and 60 units. B. do not exist in this market. C. will be $8 and 60 units. D. will be $8.50 and 55 units.
New orders for capital goods, vendor performance, and the money supply are three of the ten economic statistics that constitute ____________________________.
Fill in the blank(s) with the appropriate word(s).