________ is the study of how individuals, households, governments, and firms make choices and how those choices affect prices, the allocation of resources, and the well-being of other agents
A) Macroeconomics B) Monetary economics
C) Microeconomics D) Growth theory
C
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The table above shows the total product schedule for Rick's Lawn Service, a yard care company. Increasing marginal returns
A) end when the fourth worker is hired. B) occur at all levels of employment. C) occur as long as output increases. D) end when the second worker is hired. E) never occur.
If there is an exogenous decrease in investment spending, Monetarists argue that there would be little or no effect on real output because the interest rate would __________,
investment would __________, saving would __________, and consumption would __________. A) decline; increase; increase; decrease B) decline; increase; decrease; increase C) rise; decrease; decrease; increase D) rise; decrease; increase; increase
If the current shareholders begin to believe that the prices of the stocks are likely to rise in the future, the supply curve of shares will:
a. shift to the right. b. become perfectly elastic. c. slope downward. d. shift to the left. e. become perfectly inelastic.
Foreign ownership of debt has decreased the burden of the debt on future generations of Americans absolutely and relatively
Indicate whether the statement is true or false