The introduction of satellite television systems would cause the demand curve for cable television to be
A) more elastic.
B) less elastic.
C) perfectly inelastic.
D) unchanged.
A
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In the years immediately following the passage of the American Recovery and Reinvestment Act, interest rates ________, and the prices of goods and services ________.
A. remained high; barely changed B. fell dramatically; rose at higher-than-normal rates C. rose sharply; fell sharply D. remained low; rose at lower-than-normal rates
According to the classical dichotomy, which of the following is affected by monetary factors?
a. nominal wages b. the price level c. nominal GDP d. All of the above are correct.
An embargo is
A. A prohibition on exports or imports. B. A limit to the quantity of a good that may be imported in a given time period. C. A tax imposed on imported goods. D. An orderly marketing agreement.
How do the characteristics of immigrants influence the effects of immigration on the receiving country? What are the implications for the receiving country government policy toward immigration?
What will be an ideal response?