A decline in the expected inflation rate causes the demand for money to ________ and the demand curve to shift to the ________, everything else held constant
A) decrease; right
B) decrease; left
C) increase; right
D) increase; left
B
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Use the figure below to answer the following question.
The diagram shows three supply curves for apples. Which of the following would cause the supply of apples to shift from S1 to S3?
A. an increase in the number of apple farmers B. a decrease in the price of apples in the market C. a decrease in the number of apple farmers D. a decrease in the price of resources used to produce apples
The incentive to work is an ingredient of the negative income tax because:
a. if families do work, they will be eliminated from the program. b. if families don't work, they will be eliminated from the program. c. the more income earned in the workplace, the higher the family's after-tax income. d. the more income earned in the workplace, the higher the payment from the government. e. the amount earned in the workplace is not subject to income taxes.
A U.S. firm exchanges dollars for yen and then uses them to buy Japanese goods. Overall as a result of these transactions
a. both U.S. net capital outflow and U.S. net exports rise. b. both U.S. net capital outflow and U.S. net exports fall. c. U.S. net capital outflow rises and U.S. net exports fall. d. U.S. net capital outflow falls and U.S. net exports rise.
The following is true about point A for a firm with the I1 isocost curve. 
A. Labor has a lower marginal product than capital. B. The firm is minimizing the costs of production. C. Capital is relatively more expensive than labor. D. All of the choices are true.