Among all workers in the U.S. with PhDs, ________ percent are foreign born.
A. 24
B. 1
C. 5
D. 90
Answer: A
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Refer to Table 20-10. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2011 is the base year, then what is the CPI for 2016?
A) 14.3 B) 87.5 C) 114.3 D) 160
An increase in stock prices will be a(n)
A. movement along the consumption function. B. movement down along the consumption function. C. downward shift of the consumption function. D. upward shift of the consumption function.
The Monetary Control Act of 1980:
a. allowed savings and loan associations to offer checking accounts. b. allowed more institutions to offer checking account services. c. created greater competition among various financial institutions. d. all of the above. e. none of the above.
For which pair of goods below would an increase in income have the same effect on both goods?
A. A normal good and a luxury good. B. A superior good and a normal good. C. A normal good and an inferior good. D. An inferior good and a luxury good.