Demand for the lithium ion batteries used in the production of Tesla automobiles is
A. derived from the demand for Tesla automobiles.
B. unrelated to their productivity.
C. an output demand.
D. perfectly elastic.
Answer: A
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The monetary base is the sum of
A) coins, Federal Reserve notes, and banks' reserves at the Fed. B) Federal Reserve notes, Treasury deposits at the Fed, banks' reserves at the Fed, and coins. C) coins, Federal Reserve notes, and individuals' deposits at the Fed. D) coins, Federal Reserve notes, and gold at the Fed. E) Federal Reserve notes and banks' reserves at the Fed.
How are the domestic sellers and buyers of a good affected if a country starts importing the good?
What will be an ideal response?
In the first half of 2011, automobile sales in the United States were lower than they were in the first half of 2010
The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses. A) consumption; investment B) investment; consumption C) durable goods; nondurable goods D) nondurable goods; durable goods
The U.S. economy in the 1990s benefited from an aggregate supply curve shifting outward
a. True b. False Indicate whether the statement is true or false