Social pressures and personal appeals increase the number of free riders
a. True
b. False
Indicate whether the statement is true or false
False
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________ will lead to a decrease in the gross domestic product of a country, all other variables remaining unchanged
A) An increase in the expenditure on investment B) A decrease in the expenditure on investment C) An increase in exports D) A decrease in imports
Intellectual property includes
a. all of the following b. literary, artistic and musical works, and scientific inventions c. computers, calculators, and word processors d. desks, bookshelves, and notebooks e. office space, computers, and telephones
(Figure: Consumer Surplus III) Look at the figure Consumer Surplus III. In the figure, when the price falls from $30 to $25, consumer surplus ________ for a total consumer surplus of ________.
A) increases by $15; $64 B) increases by $5; $54 C) decreases by $15; $34 D) increases by $25; $74
If monetary policymakers do not want an increase in government purchases, which increases aggregate demand, to cause an increase in inflation, they would:
A. increase the growth rate of money. B. shift the monetary policy reaction curve to the right, raising inflation at every real interest rate. C. do nothing and let the economy's self-correcting mechanism work. D. shift the monetary policy reaction function left, increasing the real interest rate at every rate of inflation.