Which of the following does not represent a market?
A.) Buyers at a garage sale
B.) Paying your property taxes at the courthouse
C.) Selling peaches at a state fair
D.) A young couple shopping for a new car
B.) Paying your property taxes at the courthouse
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In the United States, the central bank is called the:
A) Federal Reserve Bank. B) National Bank of America. C) Reserve Bank of America. D) Bank of America.
If the exchange rate rises as shown by the arrow, the price of American exports to foreigners will be ________, and foreign nations will demand ________ dollars in order to buy ________ American exports
A) higher; fewer; fewer B) cheaper; fewer; more C) cheaper; more; more D) cheaper; fewer; fewer E) higher; more; more
The aggregate demand curve slopes downward because of
a. the real wealth effect, the interest rate effect, and the price level effect b. the real wealth effect, the money supply effect, and the international trade effect c. the interest rate effect, the international trade effect, and the real GDP effect d. the real wealth effect, the interest rate effect, and the international trade effect e. the real wealth effect, the interest rate effect, and the net export effect
If cable TV service and satellite TV service are substitutes
What will be an ideal response?