Which of the following would cause the supply of dollars curve in the United States to shift to the right?
A. Japanese imports become less popular.
B. The value of the dollar falls.
C. The supply of dollars decreases.
D. Japanese imports became more popular.
Answer: D
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Refer to the scenario above. If the economy is currently on F2 and produces Y3 level of output, a leftward shift of the labor demand curve with no change in productivity will cause output to ________
A) increase from Y3 to Y4 B) decline from Y3 to Y1 C) decline from Y3 to Y2 D) increase from Y3 to Y5
Aggregate expenditure includes spending on
A) C + I + G - NX. B) C + I + depreciation - NX. C) C + I + G. D) C + I + G + NX.
A side effect of an action that affects the well-being of third parties is
A. a marginal cost. B. a marginal private benefit. C. an externality. D. a and b E. all of the above
In games:
A. there is only one strategy associated with each outcome. B. there are several strategies that can achieve a single goal. C. all strategies followed in one particular game should all be similar in order to be successful. D. if one person's strategy is wildly different from those of others, he will typically come in first or last.