The demand curve for Japanese yen will shift to the right when
A) there is a decrease in demand for Japanese-made goods in the United States.
B) there is no change in the demand for Japanese-made goods in the United States.
C) there is a decrease in the demand for U.S.-made goods in Japan.
D) there is an increase in the demand for Japanese-made goods in the United States.
D
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The interest rate that banks charge on loans to their best customers is called the:
A) federal funds rate. B) discount rate. C) mortgage interest rate. D) prime rate.
Assume that disposable income equals $1000 and the mpc equals 0.6. If total consumption equal $800, then autonomous consumption is equal to
A) $0. B) $200. C) $800. D) $1000.
The efficient markets theory of stock prices, implies that
a. mutual funds are the best means of investing in the stock market b. it's better not to invest in the stock market at all c. you should only invest in the stock market if you have inside information d. you should alter your portfolio frequently to keep up with the quick movements of the market e. you can do as well on the stock market as an expert, even if you pick your stocks randomly
Consumer surplus is the difference between:
a. what the consumer is willing to pay and what the consumer must actually pay to receive a good or service. b. the quantity of goods a consumer is willing to buy and the quantity of goods the consumer actually buys. c. what the producer is willing to receive and what the consumer must actually pay to receive a good or service. d. the quantity of goods a producer is willing to and the quantity of goods the consumer actually buys.