An ad valorem tax on demanders causes the _____ to shift by a constant _____

a. supply curve; percentage
b. supply curve; amount
c. demand curve; percentage
d. demand curve; amount


c

Economics

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Suppose a year ago the exchange rate between Mexican pesos and dollars was 13.5 pesos per dollar, and that according to relative PPP the exchange rate was in equilibrium

Furthermore, assume that since then, Mexican inflation has been 12 percent while the U.S. inflation has been 3 percent. If according to relative PPP the peso is now said to be overvalued, what is a possible exchange rate consistent with this assertion? A) 13.5 pesos per dollar. B) 14.72 pesos per dollar. C) 15 pesos per dollar. D) 20 pesos per dollar.

Economics

An economic recession in Japan will cause the aggregate demand curve in the United States to shift to the right.

Answer the following statement true (T) or false (F)

Economics

Which of the following is an injection into the circular flow?

a. household saving and government spending b. business investment and household saving c. net taxes and household saving d. government spending and business investment e. net taxes and government spending

Economics

A politician, who wants to receive the maximum number of votes, spends 9 hours a week speaking to various groups. The table below shows his estimates of how time spent with each group will affect the number of votes he receives:  Based on the information above, how many EXTRA votes will the politician receive if he devotes one more hour to speaking engagements (i.e., speaks 10 instead of 9 hours per week)?

A. 180 B. 200 C. 380 D. 150 E. none of the above

Economics