Refer to Figure 1A.1. The slope of the line between the points where hours worked per week are 20 and hours worked per week are 30 is
A) 0.2. B) 5. C) 10. D) 50.
B
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Suppose that there is a positive aggregate demand shock and the central bank commits to an inflation rate target. If the commitment is credible, then
A) the public's expected inflation will remain unchanged. B) the short-run aggregate supply curve will not shift. C) over time inflation will fall back down to the inflation target. D) all of the above. E) both A and B.
Suppose the domestic supply (QSU.S.) and demand (QDU.S) for bicycles in the United States is represented by the following set of equations:QSU.S. = 2PQDU.S. = 200 - 2P.Demand (QD) and supply (QS) in the rest of the world is represented by the equations:QS = PQD =160 - P.Quantities are measured in thousands and price, in U.S. dollars.In the absence of international trade, ________ thousand bicycles will be sold in the United States at a per unit price of
A. 50; $50. B. 100; $100. C. 100; $50. D. 150; $50.
All of the following are possible funding sources for the government EXCEPT
A) user charges. B) taxes. C) earnings from investing in company stock shares. D) borrowing.
Since the face value of a ticket is set well before the event, any increase in the demand for a ticket will 
Figure 34.5
A. certainly decrease the number of tickets that people will want to sell to scalpers. B. increase the scalper's price of tickets. C. certainly increase the number of tickets that people will want to sell to scalpers. D. increase the number of tickets generally available.