The figure above shows the demand for fruit snacks. Which movement reflects an increase in demand?
A) from point a to point e
B) from point a to point b
C) from point a to point c
D) from point a to point d
Answer: D) from point a to point d
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If there is unemployment in an economy, then the
A) economy is operating at an unattainable point. B) production possibilities frontier will shift inwards. C) production possibilities frontier must be bowed inward. D) economy is producing at a point inside the production possibilities frontier. E) production possibilities frontier will shift outwards.
Deliberation councils have no private sector input
Indicate whether the statement is true or false
If the expected path of 1-year interest rates over the next five years is 2 percent, 4 percent, 1 percent, 4 percent, and 3 percent, the expectations theory predicts that the bond with the lowest interest rate today is the one with a maturity of
A) one year. B) two years. C) three years. D) four years.
Benefits from international trade are based on the following differences, except:
A. In resource endowments B. In technological capabilities C. In product quality and other attributes D. In income levels