A rightward shift of a demand curve is called a(n):
A. increase in demand.
B. decrease in demand.
C. increase in quantity demanded.
D. decrease in quantity demanded.
Answer: A
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In the United States over the last 50 years,
A) the labor force participation rate for women has increased to match that for women in other developed countries. B) the labor force participation rate for women has increased to near 60 percent. C) the change in men's labor force participation rate explains the behavior of the unemployment rate. D) both women's and men's labor force participation rates have increased due to technology. E) women's earning power has remained fairly constant.
Which of the following is (are) price discrimination?
i. charging different prices based on differences in production cost ii. charging business flyers a higher airfare than tourists iii. charging more for the first pizza than the second A) i only B) ii only C) ii and iii D) i and iii E) i, ii, and iii
If the consumption function is defined as C = 5,500 + 0.9Y, what is the autonomous level of consumption expenditure?
A) $4,950 B) $5,500 C) $6,050 D) $6,111
A simple deposit multiplier equal to two implies a required reserve ratio equal to
A) 100 percent. B) 50 percent. C) 25 percent. D) 0 percent.