If people's real assets increase, then the:
a. economy will move to the right along the existing consumption function.
b. economy will move to the left along the existing consumption function.
c. consumption function will shift down.
d. consumption function will shift up.
e. investment demand curve will shift up.
d
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Which area in the above figure shows the consumer surplus at the price and quantity that would be set by a single-price monopoly?
A) A + B B) A + B + C + D + E C) C + D D) C + D + E + F + G + H
Collusion is more successful in a game that will continue forever or in a game with an uncertain ending time than in a game with a known ending time
What will be an ideal response?
The abbreviation GATT stands for:
a. General Analysis of Taxes and Transfers. b. General Agreement on Tariffs and Trade. c. Government Agency for Trade and Transportation. d. Government Agency for Treaties and Taxes. e. General Agreement on Terms of Trade.
Which of the following did not happen during the onset of the Great Depression?
a. The money supply fell as households took money out of bank deposits. b. The Fed conducted expansionary monetary policy. c. Stock prices fell about 90 percent. d. Disruption of the banking system made it difficult for some firms to obtain funds for investment.