Governments in certain nations are considering adopting policies to raise their low birthrates because of the concern with having:
A. High rates of inflation
B. High rates of unemployment
C. Too many soldiers for national defense
D. Too few workers to support social programs
D. Too few workers to support social programs
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The 45-degree reference line indicates all points at which
A) planned real saving and planned real investment are equal. B) planned real saving and planned real saving are equal. C) planned real consumption expenditures and real GDP are equal. D) planned real consumption expenditures and planned real saving are equal.
Funds that earn a fixed rate of interest and must be held for a stipulated period of time are known as
a. check able deposits. b. time deposits. c. savings deposits. d. money market funds.
The consumer price index is
a. not very useful as a measure of the cost of living. b. a perfect measure of the cost of living. c. a useful measure, but not a perfect measure, of the cost of living. d. not used as a measure of the cost of living.
Use the following general linear demand relation:Qd = 100 - 5P +0.004M - 5PRwhere P is the price of good X, M is income, and PR is the price of a related good, R. Income is $80,000, and the price of the related good is $40. Also let consumers' tastes change so that consumers now demand 100 more units at each price. When the price of the good is $50, how many units of the good are demanded?
A. 220 B. 200 C. 70 D. 100 E. none of the above