In the above figure, which of the figures show(s) a relationships between x and y with a positive slope?
A) Figure D only
B) Figure A and Figure B
C) Figure C only
D) Figure B and Figure C
E) Figure A and Figure D
E
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The supply curve of dollars in the foreign exchange market is:
A) downward sloping. B) upward sloping. C) horizontal. D) vertical.
The value added of a producer is the
A) total amount for which all its products sell minus its change in inventories. B) value of its total sales once externalities are accounted for. C) value of its output minus the value of the inputs it purchases from other producers. D) quality-adjusted amount of its total sales less any commissions paid.
Air-traffic controllers get paid high wages given their level of education. They also get frequent breaks and may only work a few days a week. Which of the following could explain their high wage?
a. the long breaks and limited work days b. the stress they face c. the comparatively low level of education required d. All of the above are correct.
Which of the following statements is not correct about the U.S. monetary system?
A. Between 1789 and 1865, paper money was issued by hundreds of state-chartered banks. B. Early in U.S. history, the money supply consisted of items such as tobacco and bullets. C. The federal government did not print paper money until the Civil War. D. Credit cards are the most common form of money today.