In response to news reports that taking aspirin daily can reduce an individual's risk of a heart attack, there will most likely be a(n)
A. increase in the demand for aspirin.
B. decrease in the supply of aspirin.
C. increase in the quantity demanded of aspirin.
D. increase in the supply of aspirin.
Answer: A
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If the bid value of a Treasury bond is listed as "112:16", it means that the buyer is willing to pay $1,125 for the bond
Indicate whether the statement is true or false
Almost all of the immigrants into the United States are uneducated.
Answer the following statement true (T) or false (F)
If virtual reality headsets are considered substitutes for game consoles, then a decline in the price of game consoles would, all else equal
A) increase the demand for virtual reality headsets. B) decrease the demand for virtual reality headsets. C) increase the quantity of virtual reality headsets demanded. D) decrease the quantity of virtual reality headsets demanded.
Refer to the below table for a certain product's market in Econland. If the world price of the product were $6 and a tariff of $1 per unit were applied to imports of the product, then the tariff would generate government revenues of:
A. $600
B. $400
C. $800
D. $1,200