Refer to the above figure. If real disposable income is $30,000, saving is
A) $0.
B) $4000.
C) $5000.
D) $6000.
A
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Consider the following types of demand curves:
a. a vertical demand curve b. a horizontal demand curve c. a linear downward-sloping demand curve Which of the demand curves listed exhibits a price elasticity of demand coefficient that remains constant along the demand curve? A) a only B) b only C) a and b only D) a, b, and c
The existence of heterogeneous preferences for government is an economic argument for a federal system of government
a. True b. False
Which of the following will not result in a shift in the demand curve for the US dollar?
a. an increase of in the income of US residents b. a decrease in the expected rate of inflation in the US c. an increase in the dollar/Eruo exchange rate d. an increase in interest rates in the US e. a decrease in interest rates in the Euro zone
When an exchange rate is determined strictly by the demands and supplies for a nation's currency, it is called:
a. fixed. b. arbitrage. c. floating. d. unilateral. e. balance of payments.