Does a change in the price in a market result in a shift of the demand curve or in a movement along the demand curve?
A movement along the demand curve
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Which of the following statements about the percent of the population aged 25 and over completing high school is most accurate?
a. Between 1940 and 2000, the rate for blacks increased substantially while the rate for whites remained the same. b. Between 1940 and 1960, whites, blacks, and Hispanics experienced large decreases in completion rates, and experienced large increases after 1960. c. Between 1980 and 2000, the rate for Hispanics dropped significantly while the rates for whites and blacks increased. d. Between 1940 and 2000, the rate for whites increased about 3 times and the rate for blacks increased about 10 times.
What is a natural monopoly?
Which of the following economies has the lowest ratio of Social Security benefits to GDP in 2006?
a. United Kingdom b. Netherlands c. Canada d. France e. United States
Which of the following is the most common form of a business organization?
A. sole proprietorship B. corporation C. partnership D. subchapter S corporation