We derive the ________ for X from indifference curves and a budget constraint by changing the price of X.
A. supply curve
B. total utility
C. demand curve
D. marginal utility
Answer: C
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A worker is hired in a
A) goods and services market. B) government market. C) product market. D) factor market.
During the stock market boom of the late 1920s stock prices ______
a. rose at about the same rate as dividends b. rose faster than dividends c. rose more slowly than dividends d. there is, surprisingly, not enough information to know what happened to pricesrelative to dividends
Other things the same, when the interest rate rises
a. people would want to lend more, making the supply of loanable funds increase. b. people would want to lend less, making the supply of loanable funds decrease. c. people would want to lend more, making the quantity of loanable funds supplied increase. d. people would want to lend less, making the quantity of loanable funds supplied decrease.
In the Sherman Antitrust Act, the phrase “restraint of trade” referred to ______.
a. tariffs and taxes b. boycotts ad embargoes c. overproduction and surplus d. price fixing and collusion