Jane regularly sends funds to organizations seeking to save endangered animal species. This is an example of:
a. fairness.
b. altruism.
c. selfishness.
d. self-interest.
B
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Suppose the price of skateboards were to fall. Other things constant, what is the least likely to occur?
A) More skateboards will be purchased. B) The demand for skateboards will increase. C) More helmets will be purchased. D) The demand for helmets will increase.
The value of the consumer price index (CPI) is always equal to ______________ in the base year
A) 1 B) 10 C) 100 D) 1,000 E) There is not enough information given to answer this question.
The consumer price index (CPI) increased at a slower rate during the period 1990-2004 than the import price index
Indicate whether the statement is true or false
Expansionary monetary policy will:
A. Reduce the lending capacity for banks. B. Raise interest rates. C. Encourage people to borrow more money. D. Reduce the equilibrium price level.