Refer to Figure 3-4. At a price of $25, how many units will be supplied?

A) 400 B) 500 C) 600 D) 800


D

Economics

You might also like to view...

In the equation of exchange, if the money supply is $3 billion, the price level is 2, and the real GDP is $6 billion, the velocity is

A) 1. B) 2. C) 4. D) 36.

Economics

The target rate of inflation for the European Central Bank (ECB) is:

(a) Above 2%. (b) Below, but close to, 2%. (c) 0%. (d) None of the above, because the ECB targets a rate of deflation.

Economics

The prisoner's dilemma can be summarized in:

A. a flowchart. B. a strategy tree. C. a decision matrix. D. a strategy matrix.

Economics

Stock prices tend to ________ when the Federal Reserve raises interest rates because higher interest rates ________ dividends.

A. rise; reduce B. rise; increase C. fall; increase D. fall; reduce

Economics