Adjusted for the value of a dollar, which of the following films generated the U.S. revenue?
A) Avatar
B) Star Wars: The Force Awakens
C) Titanic
D) Gone with the Wind
Answer: D) Gone with the Wind
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When diminishing marginal utility starts happening as a person consumes more and more of a given good
A. total utility will increase at a diminishing rate. B. total utility will become negative. C. marginal utility will increase at a diminishing rate. D. total utility will decrease at a diminishing rate.
Refer to the figure above. What does the slope of the aggregate production function imply?
A) Decreasing returns to scale B) Diminishing marginal product of capital C) Diminishing marginal product of labor D) Increasing returns to scale
According to supply-siders the main consequence of reducing tax rates is
A) increases aggregate demand and the price level. B) increases in aggregate supply. C) increases in aggregate supply and the price level. D) making the aggregate supply curve upward-sloping.
Shifts in the IS curve ________ the AD curve, and changes to the reaction function ________ the AD curve
A) cause a movement along; shift B) shift; cause a movement along C) temporarily shift; permanently shift D) permanently shift; temporarily shift