If the market interest rate decreases, then there will be _____
a. an upward movement along the investment demand curve
b. a downward movement along the investment demand curve
c. a rightward shift of the investment demand curve
d. a leftward shift of the investment demand curve
e. no movement along or shift of the investment demand curve
b
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If the market supply curve and market demand curve for a good intersect at 600,000 units and there are 10,000 identical firms in the market, then each firm is producing
A) 600,000 units. B) 60,000,000,000 units. C) 60,000 units. D) 60 units. E) 10,000 units.
In the above figure, at the equilibrium price and quantity, producer surplus is ________
A) $90 B) $60 C) $45 D) $30
If Ep is 3500 and Y is 3000, then
A) planned inventory accumulation is 500. B) planned inventory depletion is 500. C) unplanned inventory accumulation is 500. D) unplanned inventory depletion is 500.
Special interest groups often a. represent broad questions of public interest. b. pursue rent-seeking behavior
c. do not use lobbying techniques. d. have no effect on the political process.