Greater entrepreneurship in the economy will shift the aggregate:
a. supply curve rightward.
b. supply curve leftward.
c. demand curve rightward.
d. demand curve leftward.
a
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The quantity of money decreases if
A) banks loan all excess reserves. B) the Treasury Department issues fewer government securities. C) the desired reserve ratio decreases. D) the Fed buys U.S. government securities. E) the currency drain ratio increases.
The larger the marginal rate of substitution, the larger is the amount of one good that the consumer is willing to give up in exchange for another good and still remain at the same level of satisfaction
Indicate whether the statement is true or false
Most of the debates in the U.S. Congress center on
A) efficiency concerns. B) equity concerns. C) both efficiency and equity equally. D) market inefficiency.
Which of the following is true?
a. Due to anti-employment discrimination legislation that was passed in the early 1960s, there was a large increase in the earnings of women relative to men in the 1960s and 1970s. b. The female/male earnings ratio for full-time workers rose substantially between 1980 and 2010. c. The number of women preparing for careers as professionals has declined during the last two decades. d. In 2010, only about 42 percent of those completing college degrees were women.