The U.S. dollar is backed by gold
a. True
b. False
Indicate whether the statement is true or false
False
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Comparatively speaking, buildings are more likely to be physically ________ in regions where land prices are relatively ________
A) taller; low B) shorter; high C) taller; high D) shorter; stable
Which of the following will NOT shift the aggregate demand curve to the right?
A) a decline in the price level B) an increase in government expenditures C) an increase in investment D) an increase in the money supply
Today, U.S. government spending on entitlements represents ________ of the total federal budget
A) about 10 percent B) less than 25 percent C) nearly 60 percent D) nearly 90 percent
If the cross-price elasticity of demand is positive, then the
a. two goods are complements b. two goods are substitutes c. two goods have no relationship to each other d. price is below the equilibrium e. price is above the equilibrium