Which of the following would not increase the price of books?
a. A new literacy program that encourages reading.
b. A $10,000 permission fee paid for the right to reprint an author's work.
c. An increase in the price of the ink used to print the books.
d. Higher costs for the glycerin used to make the glue with which the books are bound.
b. A $10,000 permission fee paid for the right to reprint an author's work.
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Refer to the scenario above. What is the future value of Wendy's deposit after three years?
A) $2,150.91 B) $2,278.64 C) $2,382.03 D) $2,764.12
Insurance works because
A) all policyholders pay in according to risks and all then receive a pay out in return. B) all policyholders pay in according to risks and then receive a pay out only if they incur a loss. C) all policyholders pay in according to risks and nobody receives any pay out. D) only high risk policyholders pay in while everyone is entitled to a pay out.
Everything else held constant, if aggregate output is to the right of the IS curve, then there is an excess ________ of goods which will cause aggregate output to ________
A) supply; fall B) supply; rise C) demand; fall D) demand; rise
As of October 2012, approximately what portion of U.S. currency is held outside of the United States?
A) 1/10 B) 1/3 C) 1/2 D) 2/3