Buyers' expenditures and sellers' revenues are always identical
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The initial equilibrium price in the market for Web pages is $200 per page and 1000 Web pages are created in a month. Many new Web design firms now enter the market. As a result,
A) the supply of Web pages increases and the price falls. B) the supply curve of Web pages shifts leftward and the price falls. C) the demand for Web pages increases and the price rises. D) the supply of web pages increase and the price falls, which then increases the demand for Web pages and the demand curve shifts rightward. E) the demand for Web pages increases and the price falls.
Which of the following statements is TRUE?
A) All nations that belong to the International Monetary Fund have equal voting power. B) The voting power of a nation in the International Monetary Fund is determined by its quota subscription. C) The voting power of a nation in the International Monetary Fund is called special drawing rights. D) The voting procedure in the International Fund is determined by the World Bank.
Describe the differences between capitalism and socialism
The Fed can control stock market purchases by adjusting the
a. discount rate b. legal reserve requirement c. margin requirement d. federal funds rate e. stock loan rate