The LM curve shifts down (or, equivalently, to the right) when which of the following occurs?
A) an increase in taxes
B) an increase in output
C) an open market sale of bonds by the central bank
D) an increase in consumer confidence
E) none of the above
E
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Over-the-Rhine Cheese Corporation had a P/E ratio of 20, retained earnings of $0.80 per share and a dividend of $1.70 . What was its dividend yield?
a. 1.25%. b. 5.0%. c. 3.4%. d. 10.6%.
A firm with two plants, A and B, has the following estimated demand and marginal cost functions:Qd = 120 - 10PMCA = 4 + (1 / 5)QAMCB = 6 + (1 / 10)QBWhat is the profit-maximizing price?
A. $9.50 B. $7 C. $8 D. $9 E. none of the above
Being guided by self-interest when making a decision means that you
a. act in a selfish manner b. attempt to maximize utility c. ignore the wishes of your family d. reduce the incentives of others
If a firm produces an experience good, its mode of advertising will be
A. direct advertising. B. not to advertise. C. persuasive advertising. D. none of these.