A demand curve that is horizontal indicates that the commodity
A) has few substitutes.
B) must be very cheap.
C) is a necessity.
D) has a large number of substitutes.
Answer: D
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If Utopia has a closed economy, the number of cases of tile consumed each is ________ per year, and if it has an open economy the number of cases of tile consumed is ________ per year. 
A. 300; 200 B. 300; 450 C. 450; 200 D. 200; 450
Why is it assumed that loans made in the form of check able deposits will cause money to flow into other banks?
What will be an ideal response?
A true public good is characterized by
a. depletability but not excludability. b. excludability but not depletability. c. both depletability and excludability. d. neither depletability nor excludability.
Reducing class size will
A. improve student test scores. B. decrease student test scores. C. have no impact on student test scores. D. have an undetermined impact on test scores.