Which of the following will cause a real appreciation?
A) a reduction in E
B) a decrease in P
C) an increase in P
D) none of the above
C
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Using the table above, what is the elasticity of demand between the prices of $9 and $7?
A) 1/4 B) 1 C) 2 D) 4 E) 6
In the United States, which institution is primarily responsible for inspecting credit unions?
a. Federal Reserve b. Office of the Comptroller of the Currency c. National Credit Union Administration d. Federal Deposit Insurance Corporation
In the absence of discrimination, as human capital investments increase, wages will generally
A) decrease. B) increase. C) not change. D) increase or decrease.
"GDP price index" measures changes in the:
A. Value of final output produced in the nation B. Prices of the output produced in the nation C. Amount of resources available in the nation D. Cost of resources employed in the nation