An indifference map shows _____
a. all combinations of two goods that a consumer can afford to purchase
b. all combinations of two goods that provide the same level of utility
c. a set of indifference curves for a representative consumer
d. all combinations of price and quantity that provide the same level of utility
e. the combination of goods that a consumer can afford to buy
c
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All of the following are stock market indexes except
A) the Dow Jones Industrial Average. B) the Russell 100 C) the Standard & Poor?s 500. D) the Wilshire 5000.
The deliberate change in taxes, transfer payments, or government expenditures to achieve macroeconomic policy objectives is known as
A) expansionary fiscal policy. B) contractionary fiscal policy. C) discretionary fiscal policy. D) automatic stabilizers.
A decrease in discrimination against women after the 1970s led most directly to ________
A) an increase in labor demand B) a decrease in labor demand C) a decrease in education D) a decrease in labor supply
During the colonial period, the largest cities were typically
a. port towns. b. located in the hinterland. c. in the South. d. landlocked.