Suppose Dana purchases an iTune download of her favorite song. This purchase has taken place in the
A. factor markets.
B. resource markets.
C. product markets.
D. black markets.
Answer: C
You might also like to view...
When the government increases its demand for loanable funds, it causes the:
A. demand for loanable funds curve to shift to the right. B. demand for loanable funds curve to shift to the left. C. supply of loanable funds curve to shift to the right. D. supply of loanable funds curve to shift to the left.
The following image shows the market equilibrium for opera tickets. The graph shows that a demand curve for opera tickets, labeled D and a supply curve of opera tickets, labeled S. Area _____ represents the maximum amount that consumers are willing to pay for 10 opera tickets?.
a. ?a b. ?a + b c. ?c d. ?b e. ?a + b + c
The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A
The following table shows values of annual real GDP per capita over time. Use it to answer the next question.1810$1,5001860$2,1001910$3,9001960$18,0002010$43,600What was the rate of growth in real GDP per capita between 1810 and 2010?
A. 2,807% B. 2,907% C. $43,600 D. $42,100