A view of a spectacular sunset on a beach is ________
A) a rival and excludable good
B) an excludable good
C) a non-rival good
D) a rival but non-excludable good
C
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Comparatively speaking, buildings are more likely to be physically ________ in regions where land prices are relatively ________
A) taller; low B) shorter; high C) taller; high D) shorter; stable
Refer to Figure 9.8. Under free trade in sugar, domestic producer surplus will be
A) $100. B) $175. C) $10,000. D) $25,000. E) $30,625.
Which of the following are likely to increase investment and as a result, aggregate demand?
a. decreased demand for investment goods b. falling real interest rates c. rising real interest rates d. increased business taxes
The short-run aggregate supply curve shows a(n) _____
Fill in the blank(s) with the appropriate word(s).