Which of the following results in a movement upward along the supply curve for movies in theaters?
A) an increase in the price of movie tickets
B) a decrease in the price of movie tickets
C) a decrease in the price of downloaded movies
D) a decrease in movie star salaries
E) an increase in the number of theaters
A
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Generally, negative externalities result in
A. too much of a good being produced. B. the socially optimal output of a good being produced. C. too little of a good being produced. D. either a or c E. any of the above
In the new classical model, an anticipated increase in the money stock would cause
a. the price level and level of real output to rise. b. the price level to rise with no effect on real output. c. real output to rise with no effect on the price level. d. no change in the price level or level of real output.
One of the primary reasons that costly technology is being introduced into the health care system is
a. research scientists have successfully mapped the human genome. b. high cost is synonymous with better outcomes. c. third-party insurance finances most of the cost of care. d. all of the above.
In the long run, all inputs are variable
a. True b. False