Expanding, contracting, and managing the money supply is easier for a central bank under the gold standard
Indicate whether the statement is true or false
FALSE
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Refer to the figure below. If all buyers' reservation prices increase by $1.00, then the equilibrium price of coffee would: 
A. increase by more than $1.00. B. would not change. C. increase by less than $1.00. D. increase by $1.00.
When considering the factor distribution of income, into whose income would corporate profits be included?
A. Owners of physical capital B. Workers. C. Proprietors D. Owners of human capital
In a Vickrey auction, a bidder's strategy:
A. requires the bidder to understand game theory to bid properly. B. is to bid just below the next highest bidder. C. is to bid what he or she would be willing to pay. D. is to bid just slightly more than the next bidder.
The less bowed the Lorenz Curve, the
A. less equal the income distribution. B. more equal the income distribution. C. greater the number of high-income people. D. greater the number of low-income people.