Ashley bakes bread that she sells at the local farmer's market. If she purchases a new convection oven that reduces the costs of baking bread, the
a. supply curve for Ashley's bread will increase.
b. supply curve for Ashley's bread will decrease.
c. demand curve for Ashley's bread will increase.
d. demand curve for Ashley's bread will decrease.
a
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The U. S. budget has
A. always been in deficit since World War II. B. usually been in deficit, with a few periods of surpluses. C. always in balance. D. in balance, with some period of deficit.
Which of the following would increase gross private domestic investment in an economy?
A) an increase in the level of Apple's inventory B) an increase in the shares of Apple stock households own C) an increase in the number of workers Apple hires D) an increase in the number of highway construction projects the government is funding
Wealth can be thought of as:
A. The sum total of all assets less any debts. B. The sum of all assets you have at any one point in time. C. The income that you have earned that year. D. The sum of all assets and any expected future assets.
Which of the following is a financial intermediary?
a. a mutual fund b. the stock market c. a U.S. government bond d. a wealthy individual who regularly buys and holds large quantities of government bonds