Which of the following is a stock variable?
A) money supply B) wealth C) public debt D) all of the above
D
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If the price of TVs produced by XYZ-TV Company falls from increases from $1,000 to $1,250 per TV set, then the:
A. supply of labor to the XYZ-TV Company decreases. B. supply of labor to the XYZ-TV Company increases. C. demand for labor by the XYZ-TV Company decreases. D. demand for labor by the XYZ-TV Company increases.
Which of the following is likely to occur when there is a substantial increase in the market demand for coffee? a. The wages of workers employed in coffee plantations will fall
b. The price of 10-gram coffee sachets will decrease. c. The demand curve for coffee plantation workers will shift to the right. d. The demand curve for coffee plantation workers will become horizontal.
Comparative advantage matters most in determining the efficient distribution of production over the world
a. True b. False Indicate whether the statement is true or false
You are expecting to receive $3,500 at some time in the future. Which of the following would unambiguously increase the present value of this future payment?
a. Interest rates rise and you get the payment sooner. b. Interest rates rise and you have to wait longer for the payment. c. Interest rates fall and you get the payment sooner. d. Interest rates fall and you have to wait longer to get the payment.