A rightward shift in the demand curve for domestic assets can be caused by ________
A) a decrease in the domestic real interest rate
B) a rightward shift in the supply curve for domestic assets
C) a leftward shift in the supply curve for domestic assets
D) an increase in the domestic real interest rate
D
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If it costs $6.00 to go to the movies and $25.00 to go to a hockey game, Tom is maximizing his utility between movies and hockey if his marginal utility of movies is 12 units and his marginal utility from hockey is 25
Indicate whether the statement is true or false
In the figure above, if price DECREASES from $60 to $40, an arrow representing the QUANTITY effect
A. will be shorter than (and in opposite direction of) the arrow representing the price effect. B. will point in the direction in which total revenue will move. C. will point downward. D. will be shorter than (and in same direction of) the arrow representing the price effect. E. both a and d
Looking at the table of the four types of goods, goods that are rival in consumption consist of ______ goods.
a. private and public
b. private and common
c. public and common
d. public and club
Suppose the U.S. dollar price of the Euro falls. This means that
A) the U.S. exchange rate has risen and the U.S. dollar buys more euros. B) the U.S. exchange rate has risen and the U.S. dollar buys less euros C) the U.S. exchange rate has fallen and the U.S. dollar buys more euros. D) the U.S. exchange rate has fallen and the U.S. dollar buys less euros.