Everything else held constant, an increase in the liquidity of bonds results in a ________ in demand for bonds and the demand curve shifts to the ________
A) rise; right
B) rise; left
C) fall; right
D) fall; left
A
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In the production function for new ideas and technology in ________, a decrease in the labor force will ________ the growth rate of technological change
A) the AK growth models; decrease B) the AK growth models; increase C) the two-sector growth model; decrease D) the two-sector growth model; increase
Corrina just graduated from college, is unemployed, and looking for her first real job. This is an example of
A) frictional unemployment. B) structural unemployment. C) seasonal unemployment. D) cyclical unemployment.
When speculators begin to sell futures contracts, suppliers will
a. try to sell more in the spot market. b. store more of their crop to sell in the future. c. not have any incentive to change their plans. d. earn larger profits.
Based on this producer surplus graph, how many full units can the firm produce each week and receive a producer surplus on?
a. one
b. two
c. three
d. four