If stock prices go up and people feel richer, aggregate demand will
What will be an ideal response?
Increase
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Which of the following statements about the Third World is true?
a. Except for Latin America, most Third World citizens live in urban areas. b. The culture, politics, and geography of the Third World countries are very similar. c. Third World economies are largely dependent on manufacturing industries. d. The Third World is made up of non-communist developing countries. e. About 80 percent of the population of the Third World countries live in China and India.
The price elasticity of demand measures the
a. responsiveness of a good's price to a change in quantity demanded b. adaptability of suppliers when a change in demand alters the price of a good c. responsiveness of quantity demanded to a change in a good's price d. adaptability of buyers when there is a change in demand e. responsiveness of quantity supplied to a change in quantity demanded
A dominant strategy is one that
A. every participant in the game will follow. B. always yields the highest benefit regardless of what the other players do. C. yields a position of the winner so long as the other participants act as planned. D. turns a negative-sum game into a positive-sum game.
Adjusted for the value of a dollar, which of the following films generated the U.S. revenue?
A) Avatar B) Star Wars: The Force Awakens C) Titanic D) Gone with the Wind