Compared to the world, the rate of U.S. population growth is
A) slower than in the world as a whole.
B) about the same as in the world as a whole.
C) much faster than in the world as a whole.
D) incomparable because U.S. residents are born with a much greater chance of accumulating a lot of human capital.
E) incomparable because we do not have accurate world population statistics.
A
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According to the liquidity preference theory, an increase in the overall price level of 10 percent
a. increases the equilibrium interest rate, which in turn decreases the quantity of goods and services demanded. b. decreases the equilibrium interest rate, which in turn increases the quantity of goods and services demanded. c. increases the quantity of money supplied by 10 percent, leaving the interest rate and the quantity of goods and services demanded unchanged. d. decreases the quantity of money demanded by 10 percent, leaving the interest rate and the quantity of goods and services demanded unchanged.
Given a linear curve, the value on the y-axis changes from 120 to 100 when the value on the x-axis changes from 10 to 20, then the slope of that curve is
A) -20. B) +20. C) -2. D) +2.
Mechanisms that manufacturers can use to deal with misaligned retailer incentives include
a. setting a maximum retail price b. providing an exclusive contract to a single retailer in a market c. preventing retailers from compensating sales staff for demonstrating the product d. eliminate manufacturer staff that was demonstrating the product in stores
At each level of income, net taxes reduce disposable income, thereby reducing consumption spending
a. True b. False