Highway and home construction had a boom from
A. 1925-1940.
B. 1935-1950.
C. 1945-1960.
D. 1965-1980.
C. 1945-1960.
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Which of the following statements is true?
A) Currency in circulation in any economy is likely to be equal to the total money supply in the economy. B) Currency in circulation in any economy is likely to be less than the total money supply in the economy. C) In the United States, currency in circulation accounts for less than 1% of the money supply. D) In the United States, currency in circulation accounts for more than 50% of the total money supply.
A fish hatchery raises brook trout and rainbow trout. An increase in the market price of brook trout therefore tends to
A) reduce the demand for brook trout. B) increase the hatchery's cost of raising rainbow trout. C) increase the demand for brook trout. D) decrease the hatchery's cost of raising rainbow trout.
Define the short-run industry supply curve. Explain the two factors that can cause the short-run industry supply curve to shift to the right
What will be an ideal response?
At an interest rate of 6%, how much will need to be invested today to have $10,000 in 5 years?
A) $5,000 B) $7,473 C) $10,000 D) $13,382