An "increase in the quantity supplied" suggests a
A. leftward shift of the supply curve.
B. rightward shift of the supply curve.
C. movement down and to the left along the supply curve.
D. movement up and to the right along the supply curve.
Answer: D
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As president and CEO of MegaWorld industries, you must decide on some very risky alternative investments:
Project Profit if Successful Probability of Success Loss if Failure Probability of Failure A $10 million .5 -$6 million .5 B $50 million .2 -$4 million .8 C $90 million .1 -$10 million .9 D $20 million .8 -$50 million .2 E $15 million .4 $0 .6 The highest expected return belongs to investment A) A. B) B. C) C. D) D.
Which of the following is not a criticism of government spending as a solution to an inflationary gap?
a. It's hard to end new programs of government spending. b. Vested political interests tend to reduce spending. c. The economy has a natural tendency to self-correct. d. Government spending is not cost-free. e. Depreciation will lead to increased investment demand on its own.
Why can't two Governors of the Fed come from the same district and does this limitation make sense today?
What will be an ideal response?
A typical capital gain is experienced by
A) selling stock or a mutual fund. B) only rich people. C) only investment bankers. D) all shareholders in the United States.