Factor prices, returns from alternative activities, technology, number of firms, producer expectations, and natural events are often termed:
A) demand determinants.
B) demand quantities.
C) supply prices.
D) supply shifters.
Ans: D) supply shifters.
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A) a Chamberlin oligopoly B) a Stackelberg oligopoly C) a Cournot oligopoly D) tacit collusion
All of the following contribute to income inequality EXCEPT
A) differences in education and training. B) differences in job tastes. C) differences in talent. D) government transfer programs.
Which of the following is not included in a nation's balance of payments?
a. International interest and dividend earnings. b. International real estate transactions. c. Changes in a nation's money supply due to a new required reserve ratio. d. All of the above are included in the balance of payments.
Capital goods, because their purchases can be postponed like ______ consumer goods, tend to contribute to ________ in investment spending
A. nondurable; instability B. nondurable; stability C. durable; instability D. durable; stability