Suppose a monopolist faces the demand curve shown below. 
If you were to draw the monopolist's marginal revenue curve, it would:
A. intersect the horizontal axis at 35.
B. intersect the vertical axis at $35.
C. lie on top of the demand curve.
D. have a slope equal to the reciprocal of the slope of the demand curve.
Answer: A
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Refer to Figure 19-8. The equilibrium exchange rate is originally at A, $1.25/euro. Suppose the European Central Bank pegs its currency at $1.00/euro
Speculators expect that the value of the euro will rise and this shifts the demand curve for euro to D2. If the European Central Bank abandons the peg, the equilibrium exchange rate would be A) $1.00/euro. B) $1.25/euro. C) $1.50/euro. D) $1.75/euro.
Gross domestic product equals the sum of
a. all income earned by domestic producers of goods and services minus indirect business taxes and depreciation during the year. b. the purchases of final goods and services produced domestically during a year. c. the amount received by firms for consumer goods and services. d. incomes received by households minus the sale of factor services supplied domestically.
Other things the same, if U.S. net capital outflow rises, so does U.S. saving
a. True b. False Indicate whether the statement is true or false
The largest component of aggregate demand is
A. investment spending. B. consumer spending. C. government spending. D. total imports.