The most volatile component of aggregate demand is:
a. consumer spending
b. government purchases
c. net exports
d. investment spending
d
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A single-price monopoly is producing at an output level where marginal revenue is $15, marginal cost is $13, and price is $20. This monopoly is
A) not maximizing its profit and should decrease output to increase its profit. B) not maximizing its profit and should increase output to increase its profit. C) maximizing its profit but should shut down. D) maximizing its profit and should not shut down. E) maximizing its profit but still should decrease output to earn even more profit.
Which best describes the lower endpoint of a confidence interval?
A. point estimate plus margin of error B. point estimate C. margin of error D. point estimate minus margin of error
In 2017, which group had the highest average salaries?
a. black women b. black men c. white women d. white men
NAFTA is believed to have __________ manufacturing productivity, especially in the maquiladora plants.
a. raised b. lowered c. had no effect on d. greatly hindered