A decrease in the price of a good will
a. increase demand.
b. decrease demand.
c. increase quantity demanded.
d. decrease quantity demanded.
c
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A fall in supply is illustrated by
a. a downward shift in the supply curve. b. moving the equilibrium point down and to the left along the supply curve. c. drawing the supply curve flatter. d. shifting the supply curve to the left.
Earmarked taxes _____
a. are taxes whose revenues are dedicated to a particular program b. are taxes whose revenue is given to a specific group c. are income taxes that minimize the decline in labor supply d. are taxes that go into the general fund
If two investments are perfectly negatively correlated:
A. diversification is not effective at reducing risk. B. bets are perfectly hedged and risks are canceled out. C. diversification reduces risk without changing the expected payoff. D. diversification reduces both risk and the expected payoff.
According to Maslow's Hierarchy of Needs, physiological is the most basic. What is the need that comes next?
a. Esteem
b. Self-Actualization
c. Belongingness and Love
d. Safety