In Figure 6.1, which area represents an expansion? 
A. A
B. C
C. D
D. E
Answer: D
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In the United States, income is more equally distributed than measured wealth
Indicate whether the statement is true or false
Campbell Soup agrees to sell its brand to a grocery chain only if the chain also agrees to buy a minimum number of cases of its V-8 juice. This is an example of:
A. a resale price maintenance agreement. B. a tying agreement. C. exclusive dealing. D. price discrimination.
If public goods can be produced more efficiently, then
A) public goods increase, and private goods may increase or decrease. B) public goods production stays the same, and private goods increase. C) public goods and private goods both increase. D) public goods production falls, and private goods production rises.
The PPP theory says that in the long run the exchange rate between two currencies should move toward __________ the cost in each country of an identical basket of internationally traded goods
a. equalizing b. minimizing c. maximizing d. reducing to zero e. disequilibrating