Monetarists advocate increasing the money supply by a constant rate year after year. True or False
True
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Haiti was once heavily forested. Today, 80 percent of Haiti's forests have been cut down, primarily to be burned to create charcoal. The reduction in the number of trees has led to devastating floods when it rains heavily. This is an example of
A) the tragedy of the commons. B) tragic externalities. C) human greed. D) the consequences of too many people having private property rights.
If taxes are increased, the AD curve
A) is not affected because a change in taxes is a nominal change not real change. B) shifts rightward and aggregate demand decreases. C) shifts leftward and aggregate demand decreases. D) does not shift but there is a movement down along the curve.
Americans who benefit from immigration include
a. firms that hire immigrants. b. workers whose skills are complementary with immigrants' skills. c. consumers who purchase goods produced using immigrants labor. d. property owners who own land in immigrant neighborhoods. e. All of the above.
If the monopolist facing the demand curve P = 10 - Q is a perfectly discriminating monopolist and marginal cost is constant at $4, how much will the firm sell if it profit maximizes? 
A. 6 B. 4 C. 5 D. 10