The IS curve will not shift when which of the following occurs?
A) a reduction in government spending
B) a reduction in the interest rate
C) a reduction in consumer confidence
D) all of the above
E) none of the above
B
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The Sherman Antitrust Act prohibits price fixing by competitors, monopolization of a market, and attempts to monopolize a market
a. True b. False
Wilma values a decorative garden rock at $15, while Fred values it at $10 . The price of a decorative garden rock is $9 . If the government imposes a $2 tax per decorative garden rock and the price of the rock rises to $11, what part of the deadweight loss comes from Wilma, and what part comes from Fred?
a. none comes from Wilma; $1 comes from Fred b. none comes from Wilma; $3 comes from Fred c. $2 comes from Wilma; $1 comes from Fred d. $4 comes from Wilma; $3 comes from Fred
In Figure 32.1, at the market price-quantity combination where production is limited, the consumer surplus is Image
A. APfloorB. B. HP*C. C. HPfloorBG. D. P*AC.
If the demand for online banking decreases, we would expect to see the
A) supply of workers that produce online-banking services to increase. B) supply of workers that produce online-banking services to decrease. C) demand for workers that produce online-banking services to increase. D) demand for workers that produce online-banking services to decrease.