In the market for money, the behavior of borrowers is represented by the
A. supply curve.
B. a combination of the supply and demand curves.
C. neither the supply curve nor the demand curve.
D. demand curve.
Answer: D
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Between the 1970's and 1998, immigrants:
A. Were more likely to receive public assistance than people born in the United States B. Were less likely to receive public assistance than people born in the United States C. Were just as likely to receive public assistance as people born in the United States D. Did not qualify for public assistance
A defendant forced to pay punitive damages must pay the plaintiff
a. the exact amount of actual damage. b. more than the amount of actual damage. c. less than the amount of actual damage. d. nothing.
Refer to Scenario 1 . Explain how this economy might be able to produce 45 fish and 45 crabs?
What will be an ideal response?
Why do economists insist on emphasizing the difference between money and income? Why is this difference important in macroeconomics?
What will be an ideal response?