Which of the following statements is correct?
A) The slope of a curved line is not defined because it is impossible to calculate the slope along a curved line.
B) The slope of a straight line changes depending where on the line it is calculated.
C) A straight line that slopes upward moving to the right has a positive slope.
D) Answers A and B are correct.
E) Answers A and C are correct.
C
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If the Mexican peso (MXN) to Brazilian real (BRL) exchange rate goes from 5.9 MXN/BRL to 7.2 MXN/BRL
A) Brazilians decrease their demand for Mexican goods. B) Brazilians increase their demand for Mexican goods. C) Mexicans increase their demand for Brazilian goods. D) Not enough information to determine what happens.
Monopoly power in a market causes:
A. monopolists to profit. B. consumers to gain. C. market surplus to be constant D. governments to neve allow them.
Which of the following would best encourage investment in human capital?
a. Higher marginal tax rates on labor income b. Higher interest rates c. Expansion of college loan programs d. A decrease in the wage gap between high school and college-educated workers e. A reduction in life expectancy that encourages earlier retirement
A decrease in the reserve requirements causes
A. reserves to rise. B. reserves to remain the same. C. the money multiplier to rise. D. the money multiplier to fall.