In 2009, the U.S. was supposed to be without price supports for milk and grains but actually spent
A. $45 billion on such price supports.
B. $1 billion on such price supports.
C. $75 billion on such price supports.
D. $19 billion on such price supports.
Answer: D
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Suppose that, in a sequential game, the first player chooses the strategy with the highest payoff, taking into account an optimal response from the second player. The outcome that results is
a. a Nash equilibrium. b. Pareto optimal. c. a Prisoners' Dilemma. d. a Stackelberg equilibrium.
The number of US households with access to the Internet is growing rapidly. Compared to 50 years ago, one would predict that when considering a major purchase, people today will gather:
A. more information because the Internet has lowered the cost of gathering information. B. less information because the Internet has lowered the cost of gathering information. C. more information because the Internet has increased the cost of gathering information. D. less information because the Internet has increased the benefit of gathering information.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
In addition to interest on loans, another major source of funds for banks is
A. interest-free loans from the Federal Reserve to banks. B. subsidies from the U.S. Treasury. C. inflation. D. the fees charged to depositors.