What causes an increase in demand for land?
a. a decrease in both the supply and the quantity
b. a combination of increased supply and low price
c. derived demand for a product it is used to produce
d. increased rents bringing more land onto the market
c. derived demand for a product it is used to produce
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The main disadvantage of using money as a store of value is that:
A. other assets pay relatively higher rates of interest than money. B. other assets provide greater anonymity than cash. C. barter is a more efficient way to conduct transactions than using money. D. unlike other assets, money serves as a medium of exchange.
The Second Bank of the United States was deemed unconstitutional and, therefore, its charter was not renewed
Indicate whether the statement is true or false
Which single international issue draws considerable consensus among most people and governments around the world?
a. that more funds should be directed toward foreign aid b. that global inequality should be reduced c. that poverty should be combatted by globalization d. that fair trade should be encouraged and expanded
Which of the following people would be considered unemployed?
A. A young man who has recently received his Ph. B. A woman who has quit college to move to New York where she is looking for a modeling job C. A student who plans to look for a job after graduation D. A 55-year-old steel worker who was laid off 18 months ago and has given up trying to find a job E. but who is driving a taxi because of an inability to find a teaching job