An outward shift in the demand curve for land will
a. make previously zero-rent land profitable.
b. induce people to begin to use land more extensively.
c. force reductions in rents.
d. be accompanied by a shift in the supply of land.
a
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Refer to the table above. What is the total cost of producing 145 units of the good?
A) $90 B) $180 C) $190 D) $210
Increased foreign direct investment in India has contributed to its recent economic growth
Indicate whether the statement is true or false
The ratio that relates the change in the money supply to a given change in the monetary base is called the
A) money multiplier. B) required reserve ratio. C) deposit ratio. D) discount rate.
As the housing bubble began to burst in 2006-2008, investors would only buy mortgage-backed securities at high yields to compensate for higher perceived default risk. As a result::
A) banks suffered significant capital losses as the value of their holdings of mortgage-backed securities declined B) funds available for mortgages increased C) bank profits rose as they earned higher interest on mortgages D) the price of mortgage-backed securities tended to rise due to the higher yields