The two most important financial markets are the _____ market and the _____ market
Fill in the blank(s) with correct word
bond, stock
stock, bond
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Explain how a decrease in the demand for capital goods in the U.S. can lead to a change in the U.S. exchange rate
Figure 4-13
Refer to . The supply curve S and the demand curve D1 indicate initial conditions in the market for flu shots. A new government program is implemented that grants buyers a $25 subsidy when they buy a flu shot, shifting the demand curve from D1 to D2. Which of the following is true for this subsidy given the information provided in the figure?
a.
The original price of a flu shot was $75, and after the subsidy, it rises to $90.
b.
$65 represents the net price a buyer must pay for a flu shot after taking into account the subsidy payment.
c.
Buyers of flu shots will receive an actual benefit of $10 from the subsidy, while sellers of flu shots will receive an actual benefit of $15 from the subsidy.
d.
All of the above are true.
In the United States:
A. whites have higher unionization rates than African Americans. B. men have higher unionization rates than women. C. managers have higher unionization rates than transportation workers. D. workers in mining have higher unionization rates than workers in government.
When the price of pens went from $1 to $1.50, the quantity demanded of pencils changed from 50 to 75 a day. The cross-price elasticity of demand for pencils (using the initial value formula) is:
A. 1. B. 0.4. C. 0.2. D. -0.2.