As the market price of a good falls, consumer surplus:
a. falls
b. rises.
c. does not change.
d. can either fall, rise, or stay the same.
b
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If stock exchanges did not exist,
A. the risk to the investor of buying stocks would be much greater. B. the economy’s resources could be more efficiently allocated among firms. C. there would be no organized way for firms to issue stock. D. investment banks would no longer play a role in handling stocks.
Other things remaining the same, as U.S. imports increase, the quantity of
A) foreign currency supplied increases. B) U.S. dollars supplied decreases. C) foreign currency demanded increases. D) foreign currency demanded decreases. E) U.S. dollars demanded increases.
Which of the following did not occur during the early years of the Great Depression?
(a) Marriage rates fell. (b) Birth rates fell. (c) Divorce rates increased. (d) Actually, all of the above occurred.
A nation's account with the International Monetary Fund denominated in special drawing rights is
A) the quota subscription. B) the account at the World Bank. C) portfolio investment. D) the account at the Fed.