The invention of genetically engineered corn that prevents yield loss due to corn rootworm will

A. shift the supply curve of US corn to the right.
B. shift the supply curve of US corn to the left.
C. shift the demand curve for US corn to the right.
D. shift the demand curve for US corn to the left.


Ans: A. shift the supply curve of US corn to the right.

Economics

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One role that markets play is

A. to allocate resources. B. provide revenues for governments to spend. C. distribute income equally. D. provide for all human wants.

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Which of the following indices tracks the largest 500 publicly traded companies?

a. Vix 500 b. Russell Index c. New York Index d. Standard & Poor's 500 Composite Index e. International 500 Index

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Suppose you decide to borrow money from an online peer-to-peer lending site. On the T-account for the funder of the loan for this transaction, the funds from the investor would be classified as ________, and the loan made to you would be classified as

________. A) an asset; an asset B) an asset; a liability C) a liability; an asset D) a liability, a liability

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The Fed hopes to impact short-run inflation and output by altering:

A. aggregate supply. B. aggregate demand. C. fiscal policy. D. the production function.

Economics