One way to raise the money price of throwing a bean-ball (a pitch aimed at the batter's head) is to:
A. allow batters hit by balls to walk.
B. eliminate designated hitters.
C. institute a fine for bean-balls.
D. add designated hitters to the National League.
Answer: C
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Luke purchases a $50,000 face value one-year Treasury bill for $46,296.30, and the next day investors decide they will only buy one-year Treasury bills if they receive an interest rate of 4%
If Luke decides to sell his Treasury bill to another investor the day after he purchased it, he will A) receive a capital gain of $1,780.62. B) receive a capital gain of $2,000.00. C) suffer a capital loss of $1,923.08. D) suffer a capital loss of $1,851.85.
The resource market involves transactions dealing with
a. natural resources and financial services. b. the borrowing and lending of financial capital. c. the buying and selling of final goods and services. d. labor services, natural resources, and physical capital.
If leisure is a normal good, as the price of leisure increases, the quantity of leisure demanded ________ and the demand for leisure ________.
A. falls; increases B. falls; is not affected C. remains the same; decreases D. increases; is not affected
Aggregate demand in the economy is equal to
A) Consumption, investment and government spending. B) Consumption, investment and net exports. C) Full employment output. D) None of the above.