In the above table, the working age population is
A) 225 million.
B) 100 million.
C) 140 million.
D) 155 million.
A
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The fastest growing component of the annual federal budgets since 2000 is
A) entitlement payments. B) the education budget. C) funding for NASA. D) funding for health research.
All else held constant, an increase in foreign imports of cameras would cause the supply of cameras in the United States to:
A) increase. B) stay the same. C) decrease. D) cannot be determined with the information given.
If demand is inelastic, marginal revenue will be
a. positive. b. zero. c. negative. d. constant.
If the Fed wishes to increase the interest rate, it can do so by
a. selling bonds b. buying bonds c. increasing the money supply d. setting a higher prime lending rate e. encouraging the public to buy bonds