A decrease in the expected price of corn would likely do the following to the current supply and demand for corn:
A) increase both the demand and the supply.
B) decrease both the demand and the supply.
C) increase the demand, but decrease the supply.
D) increase the supply, but decrease the demand.
D
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If a one-year bond is purchased for $400 and the interest rate is 8 percent, what will it pay in one year?
A) $48 B) $368 C) $400 D) $432
Between 1939 and 1944 the United States' national output
A. remained the same. B. nearly doubled. C. nearly tripled. D. nearly quadrupled.
Fiscal stimulus is most likely to direct resources into productive projects when spending decisions are left in the hands of
What will be an ideal response?
Which is not a supply factor in economic growth?
A. An efficient allocation of resources. B. Natural resources. C. Technological knowledge. D. The quantity and quality of labor.