Moving down a straight-line demand curve, the absolute price elasticity of demand
A) increases.
B) is constant.
C) decreases.
D) varies in uncertain ways.
C
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Which of the following transactions is not a use of funds for Country A?
a. Increases in Country A's central bank reserve assets. b. Dividends Country A pays to the rest of the world. c. Loans to Country A from the rest of the world. d. All of these are uses of funds. e. None of the above is a use of funds.
The Great Moderation refers to
a) Dramatic fall in business cycle volatility that occurred from the mid-1980s to the mid-2000s b) The general fall in business cycle volatility after the second world war c) The fall in global output that occurred after 2007 d) Improved monetary policy since the mid-1980s e) Improved fiscal policy since the mid-1980s
All of the following are considered natural resources EXCEPT:
A. a coral reef. B. gold. C. labor. D. a redwood forest.
Which of these is the best explanation of diminishing returns for physical capital?
What will be an ideal response?