When a demand schedule is drawn as a graph,
a. price is measured on the vertical axis.
b. quantity is measured on the horizontal axis.
c. the resulting curve has a negative slope.
d. the other variables (besides price and quantity) are held constant.
e. All of the above are correct.
e
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Compared to the 1960s, during most of the 1990s average annual real GDP growth was ________ while the average ratio of net investment to output was ________
A) slightly lower, much lower B) much lower, slightly higher C) much higher, much lower D) slightly higher, slightly lower
Jill consumes nothing but soup and cola. It is possible that both soup and cola are necessities for Jill
Indicate whether the statement is true or false
Recent activity in the area of civil rights has been a movement towards aggressive affirmative action
Indicate whether the statement is true or false
Leslie purchased 100 shares of GT, Inc., stock on Wednesday, June 7th. Marti purchased 100 shares of GT, Inc. stock on Thursday, July 8th. GT declared a dividend on June 20th to shareholders of record on July 12th and payable on August 1st. Which one of the following statements concerning the dividend paid on August 1st is correct given this information?
a. Neither Leslie nor Marti are entitled to the dividend. b. Marti is entitled to the dividend but Leslie is not. c. Both Marti and Leslie are entitled to the dividend. d. Leslie is entitled to the dividend but Marti is not. e. Both Marti and Leslie are each entitled to one-half of the dividend amo