A return to the gold standard, that is, using gold for money will ________ the ________ for gold, ________ its price, everything else held constant
A) increase; demand; increasing
B) decrease; demand; decreasing
C) increase; supply; increasing
D) decrease; supply; increasing
A
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In the averting expenditures model shown below, if environmental quality is E1,and personal environmental quality is X1, the area or distance that represents the individual’s averting expenditures is
a. edfX1 b. edhX2 c. dgh d. edfhX2
If a Pigovian tax is levied on consumers, the demand curve will shift:
A. straight up, decreasing quantity. B. straight down, decreasing quantity. C. straight down, increasing quantity. D. straight up, increasing quantity.
The labor ____ curve(s) will shift if there is a change in productivity or a change in the demand for the final product
a. supply b. demand c. supply and demand d. None of the above are correct. Changes in productivity and the demand for final products do not affect the labor market.
A firm that accepts deposits from savers, and then use these deposits to make loans, is a
a. money market multiplier b. Federal Reserve bank c. financial intermediary, such as a bank d. stock broker or bond broker e. fractional reserve holder