The market in which households supply their savings to firms that demand funds in order to buy capital goods is the ________ market.
A. investment
B. money
C. capital
D. savings
Answer: C
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An economist for a bicycle company predicts that, all else held constant, an increase in consumer incomes will increase the demand for bicycles. This prediction assumes that
A. there are many goods that are substitutes for bicycles. B. there are many goods that are complementary to bicycles. C. bicycles are a normal good. D. there are few goods that are substitutes for bicycles.
Standard economic theory suggests which of the following in terms of labor migration across states in the United States?
A. Workers are likely to migrate from low-wage states to high-wage states. B. Older workers are more likely to migrate than are younger workers. C. Workers migrate randomly. D. Workers are likely to migrate from high-wage states to low-wage states. E. Workers migrate at most twice per lifetime.
Considering the three branches that make up the Federal Reserve System, identify the corresponding branches that make up the Euro system. Be sure to state which part of the Euro system corresponds to which part of the Federal Reserve System.
What will be an ideal response?
Refer to the data provided in Table 11.4 below to answer the following question(s).
Table 11.4 
Refer to Table 11.4. If the interest rate is 22%, then the farmer will only
A. buy the bookkeeping software and the grain storage tanks. B. buy the tractor. C. buy the tractor and the irrigation system. D. buy the bookkeeping software.