In the mainstream view, one major source of instability in the macro economy is the volatility of
A. investment spending.
B. product prices.
C. consumer spending.
D. labor wages.
Answer: A
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How has the widespread availability of news on the web, which decreased the demand for newspaper workers, affected the wages of the works?
A. Wages decreased. B. Wages stayed the same. C. Wages increased. D. Wages are not affected by this.
The table above shows Tom's total utility from milkshakes and sodas. A soda costs $1.00. What is the marginal utility per dollar spent when the eighth soda is purchased?
A) 32 units per dollar B) 20 units per dollar C) 10 units per dollar D) 8 units per dollar
The growth rate of real computer investment ________ between 1987-95 and 1996-2000
A) fell from 18% to 5% B) fell from 34% to 7% C) rose from 3% to 22% D) rose from 21% to 35%.
The optimal air quality would be determined where the marginal social cost of improving air quality is equal to the marginal social benefit from cleaner air
a. True b. False