Persistent deficit after 1980 was almost entirely due to
A) higher share of expenditures in GDP.
B) lower tax revenue.
C) lower share of expenditures in GDP.
D) Higher tax revenue.
A
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Checkable deposits are included in
A. M1 but not in M2. B. M2 but not in M1. C. both M1 and M2. D. neither M1 nor M2.
Which country had the highest level of fossil-fuel carbon dioxide emissions per capita in 2008?
a. Ireland b. Taiwan c. Canada d. Qatar
Refer to the graph shown.
If product demand increases from D1 to D2, the equilibrium price of the product will:
A. increase from P1 to P2 and equilibrium quantity will increase from Q1 to Q2. B. increase from P1 to P2 and equilibrium quantity will decrease from Q2 to Q1. C. decrease from P2 to P1 and equilibrium quantity will decrease from Q2 to Q1. D. decrease from P2 to P1 and equilibrium quantity will increase from Q1 to Q2.
Michael loves donuts. He receives 100 units of utility for the first donut, an additional 80 for the second, an additional 60 for the third, another 50 for the fourth, and another 20 for the fifth. The marginal utility of the fourth donut is ________ and the total utility from consuming four donuts is ________.
A. 140; 290 B. 50; 40 C. 50; 290 D. 290; 100