If firms' inventories exceed their planned inventories, firms
A) increase employment.
B) increase GDP.
C) increase production.
D) increase income.
E) decrease production.
E
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In the above figure, which curve depicts the supply of land for Chicago's "Magnificent Mile"?
A) curve F B) curve G C) curve H D) curve I
If the real interest rate in the United States decreases, foreign investors will ________ their demand for U.S. dollars because they desire to ________ fewer U.S. financial assets
A) increase; buy B) increase; sell C) decrease; buy D) decrease; sell
One of the solutions to the adverse selection problem in insurance is
a. Is to require that only the high risk individuals to buy insurance b. Is to require that only the low risk individuals buy insurance c. Is to require everyone to buy insurance d. Is to completely ban insurance companies
The problems of inflation are caused primarily by: a. greed on the part of sellers
b. uncertainty about inflation. c. too much incentive to lend money. d. greed on the part of union leaders. e. governments' actions to reduce the effects of inflation.