Microeconomics, as opposed to macroeconomics, includes the study of what determines the
A) unemployment rate in the United States.
B) profitability of the airline industry.
C) size of the federal deficit.
D) rise or fall of the inflation rate.
B
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In the figure above, with the rent ceiling the quantity of housing supplied is ________ units, the quantity demanded is ________ units, and the quantity rented is ________ units
A) 3,000; 6,000; 3,000 B) 3,000; 6,000; 6,000 C) 3,000; 6,000; 4,000 D) 3,000; 3,000; 3,000 E) 4,000; 4,000; 4,000
What type of loan led the wave of bank lending in the 1970s and 1980s?
A) consumer loan B) commercial mortgage C) loans to state and local governments D) commercial paper
What did automobiles and government subsidized highways increase the net benefits of?
(a) Investing privately in highway development (b) Rapid expansion of new cities and towns and revitalization in old cities and towns (c) Development of suburban and exurban areas (d) All of the above
The supply curve has a
A) negative slope. B) positive slope. C) slope equal to -1. D) undefined slope.