Refer to Figure 4-3. Kendra's marginal benefit from consuming the first ice cream cone is
A) $9.00. B) $7.50. C) $3.50. D) $0.50.
C
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The World Bank primarily engages in
A) short-term lending aimed at helping developing nations repay debt accumulated in past years. B) short-term lending aimed at helping developing nations repay loans from the International Monetary Fund. C) long-term lending aimed at helping developing nations' governments and businesses make investments that will contribute to economic growth. D) long-term lending aimed at helping developing nations' governments and central banks keep exchange rates from varying.
Which of the following would not be considered physical capital?
A. An optical lens B. A trained physicist C. A spotlight D. A clipboard
When individuals trade in open markets,
a. Pareto improvements occur b. Pareto improvements cannot occur c. the markets are economically efficient d. the markets are Pareto efficient e. there are barriers to trade
Refer to Figure 33-4. If the economy is in long-run equilibrium, then an adverse shift in aggregate supply would move the economy from
1. A to B 2. C to D 3. B to A 4. D to C