Which of the following is an example of capital?
A) A cell phone bought by an individual for her younger brother
B) A tractor used by a farmer for plowing his field
C) A used television set purchased by a family
D) Alcoholic beverages served at a corporate event
B
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Critics argue that U.S. industrial policy: a. currently focuses only on developing the airlines industry
b. discourages spending on basic research in universities. c. should shift from a military to a civilian focus. d. gives foreign industries an advantage over domestic producers. e. provides too much protection to domestic industries.
When airlines offer lower fares to passengers who stay over a Saturday night, compared to regular fares, is an example of
A. vacation airfares. B. market pricing. C. collusion. D. price discrimination.
Refer to the figure below. An increase in supply is represented by a shift from: 
A. curve C to curve B. B. curve A to curve B. C. curve B to curve A. D. curve C to curve D.
A year-long drought that destroys most wheat crops for the season would shift the:
A. short-run aggregate supply curve only. B. aggregate demand curve only. C. aggregate demand curve, and the short-run aggregate supply curve would shift in response. D. short-run aggregate supply curve and the long-run aggregate supply curve.