The amount of upfront training employers have to provide varies directly with unemployment rates
Indicate whether the statement is true or false
F
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An increase in disposable income shifts the supply of loanable funds curve
A) leftward and decreases the real interest rate. B) leftward and increases the real interest rate. C) rightward and decreases the real interest rate. D) rightward and increases the real interest rate.
The water and diamonds paradox of value results from
A) the concept of deadweight loss. B) the "law of demand." C) diminishing marginal utility. D) the elasticity of demand.
A carbon tax placed on coal:
A. would decrease the price of coal. B. would cause some producers of goods and services, like cars, to switch to other forms of energy. C. is unlikely to affect the demand for alternative forms of energy. D. would increase the quantity of coal demanded at every price.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, as the economy moves from Point D to Point B, the opportunity cost of hybrid cars, measured in terms of motorcycles,
A. initially increases, then decreases. B. increases. C. remains constant. D. decreases.