Which one of the following could account for an increase in the market clearing price of portable power banks?
A. an increase in demand along with a decrease in supply
B. an increase in supply along with a decrease in demand
C. an increase in supply of portable power banks
D. a decrease in demand for portable power banks
Answer: A
You might also like to view...
A decrease in the value of the U.S dollar will tend to cause, other things the same ________
A) an increase in the volume of U.S. imports B) an increase in the volume of U.S exports and an increase in U.S. income C) an increase in the volume of U.S. exports and a decrease in U.S. income D) a decrease in U.S. income
Relative to a perfectly competitive market for an exhaustible resource, the monopolist charges a ________ price and uses the resource more ________
A) lower, slowly B) lower, quickly C) higher, slowly D) higher, quickly
Assume that the central bank increases the reserve requirement. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the real risk-free interest rate and reserve-related (central bank) transactions in the context of the Three-Sector-Model?
a. The real risk-free interest rate falls, and reserve-related (central bank) transactions become more negative (or less positive). b. The real risk-free interest rate rises, and reserve-related (central bank) transactions become more negative (or less positive). c. The real risk-free interest rate and reserve-related (central bank) transactions remain the same. d. The real risk-free interest rate rises, and reserve-related (central bank) transactions remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Which of the following is the most realistic example concerning economic policy?
a. An economist accurately predicts how unemployment rates will change next year. b. An economist knows if the money supply increases 3 percent, interest rates will decrease 3 percent. c. An economist predicts the exact effect an expansionary policy will have. d. An economist believes interest rates will increase next year but is not absolutely sure.