Which of the following would most likely increase the demand for televisions?
a. a decrease in the price of televisions
b. a decline in consumer income
c. a decrease in the price of home stereo systems, a substitute for televisions
d. a decrease in the price of DVD players, a product that is complementary with televisions
D
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If the slope of the relationship between savings and interest rates is 0.5, then
A) savings and interest rates have a positive relationship B) savings and interest rates have a negative relationship C) savings and interest rates have no relationship D) savings and interest rates have an inverse relationship
A full-time student who did not have a job and was not looking for work would be categorized as
What will be an ideal response?
Which statement is true?
A. Poor people generally receive Social Security benefits. B. Medicaid is an "in-kind" benefit paid to poor people. C. Nearly all of the poor receive public assistance. D. None of these statements are true.
Use the following table to answer the next question.YearReal GDPPopulation2008$20,000200200940,000400201060,000400201170,000500Real GDP per capita ________ between 2009 and 2010.
A. decreases B. remains constant C. increases D. cannot be calculated