Which of the following will increase the supply of vanilla ice cream?
a. an increase in the price of vanilla beans (an ingredient in ice cream)
b. a decrease in the sales tax on restaurant bills
c. an increase in the price of chocolate ice cream
d. a decrease in the price of milk (an ingredient in ice cream)
e. an increase in the price of hot fudge
D
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A "Jumbo" CD is one in excess of
A) $1,000. B) $10,000. C) $50,000. D) $100,000.
A potential outcome
A) is the outcome for an individual under a potential treatment. B) cannot be observed because most individuals do not achieve their potential. C) is the same as a causal effect. D) is none of the above.
Which of the following is an exogenous variable in the Three-Sector-Model?
a. Oil prices b. Real GDP c. Quantity of real credit per time period d. Quantity of currency per time period e. All of the above are exogenous variables.
Evan can grow both roses and carnations in his garden. His production possibility table is shown below. If he is currently producing 110 roses, his opportunity cost of producing 40 more roses is:Number of rosesNumber of carnations015560135110109150781800
A. 31 carnations B. 78 carnations C. 26 carnations D. 20 carnations