The higher the death rates in less-developed countries, the smaller the average family size
a. True
b. False
Indicate whether the statement is true or false
False
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An increase in the price of corn will lead to
A) an upward (and leftward) movement along the demand curve for corn. B) a leftward shift in the demand curve for corn. C) a rightward shift in the supply curve for corn. D) an increase in the quantity of corn consumed.
A World View titled "Export Ratios" examines the openness of trade for several countries based on the trade to GDP ratio. Of the countries listed below, which exports the least (as measured as a percentage of GDP)?
A. United States. B. Canada. C. United Arab Emirates. D. Belgium.
Which of the following happens when Henry Hyde pays for the bond by writing a check from his checking account at the Jekyll Bank?
A) Jekyll Bank's checkable deposits decreases by $50,000 and its reserves decreases by $45,000. B) Jekyll Bank's checkable deposits decreases by $45,000 and its reserves decreases by $50,000. C) Jekyll Bank's checkable deposits and reserves decrease by $50,000 each. D) Jekyll Bank's checkable deposits and reserves increase by $45,000 each.
If the ________ effect is greater than the ________ effect, a decrease in interest rates will decrease saving and increase consumption spending by households.
A. income; substitution B. consumption; wealth C. wealth; consumption D. substitution; income