Changes in all of the following shift the supply curve of loanable funds EXCEPT
A) the real interest rate.
B) wealth.
C) disposable income.
D) expected future income.
A
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The above figure shows the market for a prescription drug. What is the equilibrium price of the drug? How many doses are purchased? Suppose the government imposes a price ceiling of $1.50 a dose
How many doses are purchased after the price ceiling is imposed?
The table above shows Tom's total utility from milkshakes and sodas. A milkshake costs $2.00. What is the marginal utility per dollar spent when the eighth milkshake is purchased?
A) 32 units per dollar B) 20 units per dollar C) 16 units per dollar D) 10 units per dollar
Which of the following would not be considered a positive addition to household wealth?
A) a credit card balance B) the balance in your checking account C) 1,000 shares of Microsoft stock D) the equity in one's home
Externalities get their name from the fact that they are:
a. b and d. b. unintended. c. short lived. d. outside of decisions. e. outside of marketplace.