A student seeking a job right after graduation should be especially attentive to
a. long-run growth patterns in the economy
b. what is the current phase of the business cycle
c. technological change
d. sales of durable goods
e. the duration of strikes
B
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Which of the following transactions would be included in Japan's current account?
A) A Japanese citizen purchases 50 shares of Google stock. B) An American citizen purchases a new Toyota made in Japan. C) A Japanese citizen purchases a new Toyota made in Japan. D) An American citizen purchases 50 shares of Toshiba stock.
How might financial deepening contribute to poverty reduction?
What will be an ideal response?
Suppose a private monopolist is supplying a good that is nonrival but excludable. The market demand for the good is P = 24 - 3Q. If the marginal cost of providing this good is zero, but the firm charges $18, then the monopolist will provide ________ units, and the efficient number of units is ________.
A. 2; 2 B. 2; 8 C. 6; 8 D. 4; 2
The supply curve for land in the city of San Francisco is most likely
A) horizontal or perfectly elastic. B) a downward sloping straight line. C) an upward sloping straight line. D) vertical or perfectly inelastic.