The demand for insulin will be _________________ than the demand for a Caribbean cruise in general
a. More elastic
b. More inelastic
c. Less elastic
d. Less inelastic
b
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Which balance of payments account records payments for imports and exports?
A) reserves account B) capital and financial account C) current account D) official settlements account E) trade account
When a corporation needs capital to expand, its choices are:
a. to sell stocks on a stock exchange b. to sell bonds c. to reinvest its own earnings d. all of these
Which of the following transactions is included in GDP?
a. You buy a used car for $10,000. b. An unemployed worker receives a check for $450 as unemployment benefits. c. You buy a one-acre lot in Florida where you plan to build a beach house. d. Toyota builds 1,000 Accords in Kentucky at a cost of $25,000 each but is unable to sell them and, therefore, they are added to inventory.
Which of the following shifts short-run aggregate supply left?
a. an increase in price expectations b. an increase in the actual price level c. a decrease in the money supply d. a decrease in the price of oil