In the IS-LM-PC model, which of the following is assumed to be exogenous?
A) G
B) C
C) I
D) Y
A
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An increase in the real money supply can result from:
A) increase in the nominal money supply or an increase in the price level. B) increase in the nominal money supply or a decrease in the price level. C) decrease in the nominal money supply or an increase in the price level. D) decrease in the nominal money supply or a decrease in the price level.
The most common form of business organization, as far as the number of such firms in business, is the
A) proprietorship. B) partnership. C) corporation. D) S corporation.
If a deal looks too good to be true
a. The seller most likely made a mistake b. Be cautious. It probably is too good to be true c. Trust the seller to give you a good deal d. A good deal is a good deal. Go for it.
When total utility is at a maximum, marginal utility is:
a. increasing. b. at a minimum. c. equal to zero. d. decreasing. e. at a maximum.