Which of the following will shift the supply curve for USB flash drives to the right?
A. an increase in the number of sellers
B. an increase in consumers' incomes
C. an increase in the cost of resources used to manufacture USB flash drives
D. an increase in the number of buyers
Answer: A
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Markets can fail to achieve efficiency when
a. there are prices consumers do not think are fair. b. there are wages workers do not think are fair. c. trade puts people out of work. d. there are markets with imperfect competition.
College education is an example of a positive externality.
A. True B. False C. Uncertain
When borrowers are unable to make their monthly mortgage payments, the value of mortgage-backed securities and collateralized debt obligations
A) falls, which pushes banks that own them closer to insolvency. B) rises, which pushes banks that own them closer to insolvency. C) falls; which pushes banks that own them towards greater solvency. D) rises, which pushes banks that own them towards greater solvency.
In the United States today, the government will exchange gold or silver for paper money.
Answer the following statement true (T) or false (F)