If a tax is levied on the sellers of a product, then the demand curve will
a. shift down.
b. shift up.
c. become flatter.
d. not shift.
d
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How many times is GDP for a particular quarter estimated?
A) once B) twice C) three times D) more than three times
The value of a derivative is determined by:
A. the value of the underlying asset. B. the risk-free rate. C. the Federal Reserve. D. SEC regulation.
Coffee has just been found to increase your expected life span by 5 years if you consume it every day. In the market for coffee, this information will lead to
A. an increase in price and a decrease in quantity. B. an increase in price and an increase in quantity. C. a decrease in price and a decrease in quantity. D. a decrease in price and an increase in quantity.
Of the following, which country has the highest annual real GDP per capita according to the International Monetary Fund and World Bank?
A. United States B. China C. Italy D. Russia