The expenditure schedule will shift upward when

a. net exports decrease.
b. net exports increase.
c. total imports increase.
d. total exports decrease.


b

Economics

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The objects we use as money today include

A) currency inside banks and bank deposits. B) currency outside the banks and bank deposits. C) only currency outside the banks. D) only deposits inside the banks. E) credit cards and debit cards.

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Most innovation comes from universities and governments, which are inherently market driven.

Answer the following statement true (T) or false (F)

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Which of the following would make cheating on a collusive agreement more likely?

a. greater ease of observing other firms' prices b. a reduction in the number of sellers in the market c. close monitoring by the Department of Justice d. more frequent shifts in market demand e. an increase in the number of customers in the market

Economics

A seller who is offering a low-quality used good for sale:

A. is less likely to offer a money-back guarantee than is a seller who is selling a high-quality good. B. is more likely to offer a money-back guarantee than is a seller who is selling a high-quality good. C. is just as likely to offer a money-back guarantee than is a seller who is selling a high-quality good. D. is the only kind of seller who would ever offer a money-back guarantee because sellers of high-quality goods do not have to offer guarantees.

Economics