Refer to the above figure. At a price of two cents, the quantity of bubble gum demanded will be
A. 4.
B. 3.
C. 2.
D. 5.
Answer: A
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If there is an excess supply of money
A) individuals sell bonds, causing the interest rate to rise. B) individuals sell bonds, causing the interest rate to fall. C) individuals buy bonds, causing interest rates to fall. D) individuals buy bonds, causing interest rates to rise.
In the nineteenth century, U.S. farmers were ordinarily debtors. Farmers typically borrowed from banks to develop new acreage and to be able to purchase necessary inputs prior to each growing season. Why did farmers generally support public policies that were inflationary?
Holders of convertible stock have __________ but not ______________
a. corporate bonds that yield interest; dividends b. dividends; corporate bonds that yield interest c. first claim to dividends; voting rights d. voting rights; first claim to dividends e. exclusion from double taxation; from any taxation
Recall the Application about space debris in the atmosphere to answer the following question(s).Recall the Application. The clearing of space debris is a ________ good that ________ subject to the free-rider problem.
A. private; is B. public; is C. private; is not D. public; is not