Refer to Figure 14-4. How will Rainbow Writer respond to Odeon's two possible offers?
A) Rainbow Writer will only accept an offer of $30 per copy of the software package.
B) Rainbow Writer will only accept an offer of $40 per copy of the software package.
C) Rainbow Writer will reject either offer.
D) Rainbow Writer will accept either offer.
D
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Which of the following statements is true?
A) If the opportunity cost of current consumption is high, people will save less. B) If the opportunity cost of current consumption is high, the inflation rate will increase. C) If the opportunity cost of current consumption is high, the unemployment rate will decrease. D) If the opportunity cost of current consumption is high, people will save more.
Which of the following people would be considered unemployed?
A. Edna, who lost her job as a teacher and is currently searching for a new job B. Homer, who lost his job at the power plant and is not looking for work C. Abe, who is retired D. Lenny, who is working part time at a fast food restaurant
If initial equilibrium real Gross Domestic Product (GDP) is $500 billion, MPC = 0.9, and autonomous investment increases $40 billion, equilibrium real Gross Domestic Product (GDP) will be
A. $800 billion. B. $540 billion. C. $600 billion. D. $900 billion.
In the market for yen, a decrease in U.S. real interest rates tends to
A. increase excess supply. B. cause no change in equilibrium price. C. decrease equilibrium price. D. increase demand.