Other things constant, ________ people will seek medical care when the price of a doctor's visit ________
A) fewer; falls
B) more; falls
C) more; rises
D) no; rises.
B
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Which of the following changes would cause American net exports to increase?
A) An increase in the real value of the dollar B) An increase in American income C) An increase in foreign income D) A shift in demand by American consumers away from domestically produced goods
Which of the following will be observed if the Fed raises the reserve requirement?
a. The deposit expansion multiplier will fall b. The discount rate will decline c. The interest rate ceilings will fall d. Excess reserves will increase e. Money supply will increase
Human capital:
A. can become outdated or deteriorate. B. is always increasing. C. is better when acquired as an adult. D. All of these are true.
Refer to the following graph.
Although this monopolist could technically keep average total costs down to C0, its costs are C1. This is an example of a(n):
A. monopolistic minimizer. B. lazy monopolist. C. Y-inefficient firm. D. oligopolistic market.