Technological change is decreasing competition in the market for media
a. True
b. False
B
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Risk-averse people cut their risks by:
a. diversifying their wealth into physical assets. b. investing their wealth into similar kinds of assets. c. investing their wealth only in risk-free assets. d. diversifying their wealth into different assets.
An increase in the demand for commercial complexes will: a. shift the demand for land curve to the left. b. shift the demand for land curve to the right. c. decrease the rental earnings from land
d. decrease the quantity of land demanded.
Which of the following is not a primary cause of business cycle fluctuations, according to real business cycle theory?
A. A change in the money supply B. A change in the size of the labor force C. A change in the real quantity of government purchases D. A change in the production function
The more closely substitutable are two goods, the
A) more normal looking is the indifference curve for the two items. B) more closely the indifference curve for these two items approximates a straight line. C) more tightly curved is the indifference curve for these items. D) None of the above answers is correct.