Which of the following events will increase the quantity demanded of bottled water?
A) a fall in the price of bottled water
B) a rise in the price of bottled water
C) a rise in the price of a fitness club membership
D) a fall in the price of soda
E) an increase in the number of buyers of bottled water
A
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Microsoft is accused of which anti-competitive practice?
a. interlocking directorates b. illegal "bundling" of products c. exclusive contracts d. predatory pricing
From the Patterns of Sustainable Specialization and Trade (PSST) perspective, expansionary monetary and fiscal policies that are designed to boost aggregate demand
A) will not work if the money market is in disequilibrium, and may end up making the economy worse. B) will not work unless alternative sources of energy are employed. C) may not work if buyers and sellers are out of sync with one another, and may end up making the economy worse. D) are always successful in pushing the economy to full-employment.
Suppose currency traders believe that in the future, the United States will experience more rapid inflation than will Japan. The traders ______.
a. also believe that the U.S. dollar will soon appreciate in value b. will buy more U.S. dollars, pushing up the price c. holding U.S. dollars will convert them to yen, increasing the demand for yen d. also believe that Japanese consumers will soon demand more U.S. goods