Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that the capital stock is
A) constant.
B) growing at a rate of gA.
C) growing at a rate of gN.
D) growing at a rate of gA + gN.
E) none of the above
D
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In the United States, the Federal Deposit Insurance Corporation (FDIC) usually insures the value of deposits up to
A) $50,000. B) $100,000. C) $500,000. D) $1,000,000.
Refer to the above table. Given the demand and cost schedules, what is the profit maximizing quantity for this monopolist?
A) 14 B) 19 C) 25 D) 30
A financial services company may hire a professional athlete as a spokesperson because:
A. does not serve as a credible signal to consumers, since athletes are not often financial service experts. B. can signal to customers that the services are worse than they actually are. C. this can act as a credible signal to consumers that the company has a high quality product they are willing to spend money advertising. D. the athlete is more informed about financial services than the general public.
Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward