If the stock market continues a steady climb upwards, this ____ consumer confidence and wealth, leading to ____ consumption, and ____ aggregate demand
a. increases, decreased, increased
b. decreases, decreased, decreased
c. increases, increased, increased
d. increases, increased, decreased
c
You might also like to view...
Using the table above, the number of people in the labor force is
A) 165 million. B) 175 million. C) 195 million. D) 185 million. E) 145 million.
"If the Federal Reserve raises interest rates, demand for housing is likely to fall" is a ________ statement about ________ policy.
A. positive; monetary B. normative; fiscal C. normative; monetary D. positive; fiscal
Which of the following would not be predicted by the Hecksher-Ohlin theorem?
a) the US should export capital-intensive and technology-intensive goods b) India should export labor-intensive goods c) Canada should have a comparative advantage in forestry d) Kuwait should specialize in the production of oil e) Central African Republic should have a comparative advantage in fisheries
Suppose Jordan and Lee are trying to decide what to do on a Friday. Jordan would prefer to see a comedy while Lee would prefer to see a documentary. One documentary and one comedy are showing at the local cinema. The payoffs they receive from seeing the films either together or separately are shown in the payoff matrix below. Both Jordan and Lee know the information contained in the payoff matrix. They purchase their tickets simultaneously, ignorant of the other's choice. 
This game:
A. has no Nash equilibrium. B. is an ultimatum bargaining game. C. is a prisoner's dilemma. D. is not a prisoner's dilemma.