Borrowing VCU3 from an online company cause the nation's:
a. Monetary base to rise.
b. M2 money supply to rise.
c. M2 money multiplier to rise.
d. Monetary base to remain the same.
.D
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In the above figure, curve A is the ________ curve and curve C is the ________ curve
A) total variable cost; total fixed cost B) total cost; total fixed cost C) total fixed cost; total variable cost D) total cost; total variable cost E) total variable cost; total cost
If the level of unemployment is below the natural rate of unemployment, it would be expected that:
a. the short-run Phillips curve will shift leftward, as inflationary expectations adjust. b. the inflation rate will increase c. the inflation rate will decrease. d. the long-run Phillips curve will shift rightward, as inflationary expectations adjust.
For a monopolist, the point where the marginal revenue curve intersects the horizontal axis is:
A. located at the same point where the demand curve intersects the horizontal axis, since for a monopolist, the demand curve and the marginal revenue curve overlap. B. unable to be determined without knowing the location of the marginal cost curve. C. one-fourth of the distance between the origin and the point where the demand curve intersects the horizontal axis. D. one-half the distance between the origin and the point where the demand curve intersects the horizontal axis.
A cross-price elasticity value that is positive will indicate goods that are substitutes.
a. true b. false