Refer to the table. An interest rate of 2 percent is not sustainable because:
A. the demand for bonds in the bond market will fall and the interest rate will fall.
B. the demand for bonds in the bond market will rise and the interest rate will fall.
C. the supply of bonds in the bond market will decline and the interest rate will rise.
D. the supply of bonds in the bond market will rise and the interest rate will rise.
D. the supply of bonds in the bond market will rise and the interest rate will rise.
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The winners curse is more often associated with;
a. oral auctions b. second-price auctions c. first-price sealed bid auctions d. common value auctions
If American consumers decided to boycott grapes to protest working conditions of farm workers, everything else being equal, the: a. price of grapes will rise
b. supply of grapes will fall. c. quantity of grapes supplied will fall. d. demand curve for grapes shifts to the right.
If Pizza Hut decreases its price for a large pizza by 25% and this leads to a 75% increase in sales, we can conclude that demand is relatively elastic with regard to price over that range
a. True b. False Indicate whether the statement is true or false
Which of the following is true of a natural experiment?
A. A natural experiment occurs when some endogenous event changes the environment in which individuals, families, firms, or cities operate. B. The control group in a natural experiment is randomly chosen. C. The treatment group in a natural experiment is randomly chosen. D. Control and treatment groups in a natural experiment arise due to an exogenous event.