The demand for lumber is particularly derived from the demand for
a. housing
b. carpenters
c. lawn services
d. farmland
e. dollhouses
A
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Contractionary fiscal policy would be most effective in decreasing inflation when
A. the marginal propensity to consume is low. B. investment spending is insensitive to interest rates. C. the economy has a high marginal tax rate. D. investment spending is sensitive to interest rates.
Suppose Copernicus Corporation hires Damon Danielson rather than Elmer Ellison, simply because Damon is a graduate of an Ivy League school while Elmer is a graduate of a small public university. Elmer is actually more qualified than Damon. This is an
example of: A. statistical discrimination. B. irrational behavior. C. monopsony exploitation. D. human-capital discrimination.
What happens in the primary market?
A) primary inputs like electricity are sold B) a corporate financial manager will resell previously issued shares of stock C) newly issued claims are sold by the borrowing firm to the initial buyer D) already issued claims are sold from one investor to another
Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. 
Figure 16.1 Refer to Figure 16.1. The ________ imposed as a result of producing the market (unregulated) level of fertilizer is $300.
A. marginal private cost B. tax C. marginal social cost D. total damage