A quintile is a group that contains
A) exactly 5 people.
B) exactly one-fifth of the population.
C) five identical siblings.
D) five musicians or singers.
B
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A secondary market is one in which
A) new securities are issued. B) financial intermediaries make loans. C) savers place funds in financial intermediaries. D) existing securities can be bought and sold.
Which of the following would shift the investment demand curve leftward?
a. Lower operating costs for capital goods b. Higher business taxes on capital goods c. Higher expected rates of return on investment in capital goods d. Lower maintenance costs for capital goods
If a fall in the price level made people feel richer and initially increased aggregate expenditures by 20, the AD curve would:
A. shift by less than 20. B. not shift at all. C. shift by exactly 20. D. shift by more than 20.
Consider the hypothetical supply and demand of Kidneys.
Suppose Kidneys cannot be sold, only donated (price is zero). How many kidneys are donated in this hypothetical situation?
A. 2000 B. 900 C. 0 D. 1200