The Golden Rule is an example of a private solution for
a. subsidizing higher education.
b. internalizing externalities.
c. increasing production.
d. reducing scarcity.
b
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Use the following graph to answer the next question.
The graph shows the supply and demand for money where Dm1, Dm2, and Dm3 represent different demands for money and Sm1, Sm2, and Sm3 represent different levels of the money supply. The initial equilibrium point is A. What will be the new equilibrium point following a decrease in the money supply?
A. F B. B C. E D. I
In general, the unemployment rate does not vary greatly by:
A. educational status. B. gender. C. age. D. height
The German central bank gained international reserves in the early 1970s because it sold ________ to prevent mark ________
A) marks; appreciation B) dollars; appreciation C) marks; depreciation D) dollars; depreciation
Other things the same, a decrease in the price level makes the dollars people hold worth
a. more, so they are willing to spend more. b. more, so they are willing to spend less. c. less, so they are willing to spend more. d. less, so they are willing to spend less.