In the above figure, an increase in productivity
A) shifts the supply curve from S to S1.
B) shifts the supply curve from S to S2.
C) results in a movement from point a to point b.
D) results in a movement from point b to point a.
E) has no effect.
B
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Explain the shapes of the demand curve for reserves and the supply curve of reserves
What will be an ideal response?
The Troubled Asset Relief Program (TARP) totaled ____ and the fiscal stimulus package of 2009 totaled ____
a. $1.4 trillion; $800 billion b. $1.4 trillion; $700 billion c. $700 billion; $800 billion d. $700 billion; $1.4 trillion
An advantage of a consumption tax over the present tax system is that a consumption tax
a. raises more revenues. b. would save the government millions in administrative costs. c. places more of the tax burden on the wealthy. d. does not discourage saving.
Based on the table showing income inequality in the United States, the proportion of income earned by the lowest fifth of Americans was greatest in ______.
a. 1935
b. 1950
c. 1960
d. 1970