Consider baseball games and ballpark hotdogs. A significant increase in the price of baseball game tickets would tend to
A) increase the demand for ballpark hotdogs.
B) decrease the demand for baseball game tickets.
C) decrease the demand for ballpark hotdogs.
D) increase the demand for baseball game tickets.
C
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The market line must
a. pass through the risk-free asset. b. be linear. c. be tangent to the efficient set. d. all of the above.
Data on the unemployment rate in the U.S. since 1960 show that the unemployment rate is
a. always zero. b. sometimes zero. c. rarely zero. d. never zero.
An increase in the aggregate expenditures schedule:
A. Increases aggregate demand by the amount of the increase in aggregate expenditures only B. Increases aggregate demand by the amount of the initial increase in aggregate expenditures times the multiplier C. Decreases aggregate demand by the amount of the increase in aggregate expenditures D. Decreases aggregate demand by the amount of the initial increase in aggregate expenditures times the multiplier
Which person would most likely be eligible to receive Medicaid? A person who:
A. Receives Medicare benefits B. Receives Social Security benefits C. Works in a government operated hospital D. Qualifies for the Supplementary Security Income program