Describe what has happened to state obesity rates in the United States since 1994
What will be an ideal response?
There has been a dramatic increase in obesity between 1994 and 2013. In 1994, in a majority of states between 10 percent and 14 percent of the adult population was obese, and in no state was more than 20 percent of the adult population obese. By 2013, in every state at least 20 percent of the adult population was obese, and in 43 states, at least 25 percent of the adult population was obese.
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According to Keynes,
A) prices decline as inventories increase. B) prices increase as inventories increase. C) prices decrease as inventories decrease. D) prices are sticky and will probably not respond to a change in inventories.
The supply curve for money ________
A) is upward sloping with respect to interest rates B) is fixed to a specified interest rate C) is fixed regardless of the interest rate D) is downward sloping with respect to interest rates E) none of the above
When the money market is drawn with the value of money on the vertical axis, the value of money decreases if
a. either money demand or money supply shifts right. b. either money demand or money supply shifts left. c. money demand shifts right or money supply shifts left. d. money demand shifts left or money supply shifts right.
An increase in demand and a decrease in supply cause which of the following?
A. Equilibrium price change is indeterminate. B. Equilibrium quantity decreases. C. Equilibrium price falls. D. Equilibrium price rises.