Intermediate goods are goods that are supplied to consumers without imposing any tax on them
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to the scenario above. If Aqua Inc charges a price of $70 for each unit of Good A while Blu Corp . charges a price of $50, Blu Corp . will face a demand of ________ units
A) 1,000 B) 1,500 C) 2,000 D) 3,000
If the United States looks more economically and politically stable relative to the rest of the world, this will
A) decrease the demand for dollars. B) increase the demand for dollars. C) have no effect on the demand for dollars. D) stop all trading between the currencies of the United States and other countries.
In which of the following cases is the Coase theorem most likely to solve the externality?
a. Ed is allergic to his roommate's cat. b. Chemicals from manufacturing plants in the Midwest are causing acid rain in Canada. c. Polluted water runoff from farms is making residents of a nearby town sick. d. Industrialization around the world is causing global warming.
Which of the following statements is false?
A) The list of stocks that are included in the Dow Jones Industrial Average changes from time to time, and is determined by the editors of the Wall Street Journal. B) The Dow Jones Industrial Average first appeared on the scene in 1896. C) When the Dow Jones Industrial Average was first computed, prudent investors bought bonds, not stocks. D) The Dow Jones Industrial Average is computed by summing the prices of the thirty stocks included in the average and dividing by 30.