Which of the following is not assumed to be constant along a money demand curve?

From the data given in Table 3-2, the opportunity cost of increased cotton in moving from A to B is

A. 16 units of corn. B. 31 units of corn. C. 15 units of corn. D. 4 units of corn. E. 1 unit of corn.

Refer to Figure 15-12. What is the amount of consumer surplus if, instead of monopoly, the industry was organized as a perfectly competitive industry?

A) $21 B) $124 C) $186 D) $332

In Figure 4-5 above, people would be trying to increase their holdings of money at

A) points A and E. B) points B, E, and C. C) point A. D) points A and B. E) point D.

Answer the following statements true (T) or false (F)

1. The shape of a demand curve is ultimately determined by the underlying choices about maximizing utility subject to a budget constraint. 2. For someone to determine the labor-leisure choice that will maximize her utility, she must place numerical values on the total and marginal utility that she would receive from every level of income and leisure. 3. The United States has higher rates of domestic savings as a percentage of gross domestic product than do China and Russia. 4. Even though a business pays income taxes based on its accounting profit, whether it is economically successful depends on its economic profit.