An accurate demand curve can be derived by examining the quantities of a good that are sold over time as the price varies
a. True
b. False
Indicate whether the statement is true or false
False
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________ regularly trade their own gain against others' lives
A) Corporations B) Governments C) Individual people D) all of the above
Credit unions ________
A) acquire access to funds by accepting deposits then use these monies in lending to households and firms B) are a special type of mutual fund C) raise funds by selling commercial paper then lend these funds to consumers D) acquire access to monies through the payment of premiums by employees
For the United States, suppose the value of exported goods is greater than the value of imported goods. This implies that
A) the domestic currency will depreciate. B) the dollar price of foreign currency will increase. C) the country is running a deficit in its balance of trade. D) the country is running a surplus in its balance of trade.
About 540 million passengers took plane trips in the United States in 2012 . If the average price of time for air travelers is $25 per hour, the opportunity cost of an hour of delay in airports is _____ per year
a. $13.5 billion b. $14.5 billion c. $12 billion d. $25 billion