Drug trafficking leads to
A. a net outflow of money from the United States.
B. a net inflow of money into the United States.
C. no net outflow or net inflow.
A. a net outflow of money from the United States.
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Throughout history, governments have used price controls to
A. protect buyers. B. protect sellers. C. serve the “public interest.” D. All of these responses are correct.
Producers supply larger quantities of any good at higher prices because:
a. prices signal product quality.
b. higher prices attract resources from other uses.
c. people are naturally lazy and refuse to give up their leisure.
d. price and quantity supplied are inversely related.
e. of the law of decreasing opportunity cost.
When investors buy more capital goods because the interest rates have fallen, the aggregate demand curve
A. does not shift. B. shifts left. C. stays the same. D. shifts right.
Refer to the below demand graph for a farm product. Which of the following will cause the largest decrease in farmers' incomes?
A. A decrease in quantity from QC to QA
B. A decrease in quantity from QB to QA
C. An increase in quantity from QA to QC
D. An increase in quantity from QA to QB