Assuming all else equal, a rise in the rate of interest:
A) results in a fall in the cost of borrowing.
B) results in a fall in the amount of interest accumulated on a loan.
C) results in a fall in the quantity of credit demanded.
D) results in an increase in the number of potential debtors.
C
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Use the aggregate expenditures model and the following values to answer the next question.AMPCIGT$3500.75$400$400$200Determine the change in the equilibrium level of consumption (find ?C) following a decrease in government spending from 400 to 300 (?G = -$100).
A. negative $400 B. positive $400 C. positive $300 D. negative $300
The above table depicts the output of a firm that manufactures computers. The computers sell for $1,000 each. What is the marginal physical product (MPP) of the eleventh worker per week?
A) 90 units B) 80 units C) $7,000 D) $6,000
When there is a shortage of parking space in your college,the
(a) demand for parking is greater than the supply (b) supply of parking space is greater than the demand (c) quantity of parking space supplied is greater than the quantity of parking spaces demanded (d) quantity of parking space demanded is greater than the quantity of parking spaces supplied (e) both answers A and D are correct
A common resource is:
A. not rival in consumption and not excludable. B. rival in consumption, but not excludable. C. rival in consumption and excludable. D. not rival in consumption, but excludable.