Inventories include each of the following except
A) unsold finished goods.
B) goods in process.
C) raw materials held by firms.
D) office equipment.
D
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Refer to the table below. The equilibrium price in this market is:Price PerUnitColumn A UnitsPer YearColumn B UnitsPer Year$2010040$309550$408060$506570$605080
A. nonexistent. B. between $20 and $30. C. between $30 and $40. D. between $40 and $50.
The inflation associated with the oil embargoes of the 1970s resulted in:
a. reduced unemployment because aggregate demand increased. b. reduced unemployment because aggregate demand fell c. increased unemployment because aggregate demand increased. d. increased unemployment because aggregate demand fell. e. increased unemployment because aggregate supply fell.
An increase in the money supply will:
a. decrease both investment spending and aggregate demand. b. decrease investment spending and increase aggregate demand. c. decrease both consumption spending and aggregate demand. d. increase both investment spending and aggregate demand. e. increase investment spending and decrease aggregate demand
Which of the following examples involves a durable good?
a. Lotte uses binoculars at a soccer game. b. Sem drinks a soda at a basketball game. c. Sophie eats a hot dog at a baseball game. d. Finn brings a paper bag to put on his head to a football game.