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• What strategies helped Pleiman become a successful entrepreneur?
If the desired fiscal stimulus is $40 billion and the desired AD increase is $50 billion, we can conclude about the MPC and multiplier?
If we were to say that two variables are positively related, this means that:
a) The relationship between the two would graph as a line sloping downward.
b) The relationship between the two would graph as a horizontal line.
c) The relationship between the two would graph as a line sloping upward.
d) The relationship between the two cannot be depicted graphically in any simple way
a) The relationship between the two would graph as a line sloping downward.
b) The relationship between the two would graph as a horizontal line.
c) The relationship between the two would graph as a line sloping upward.
d) The relationship between the two cannot be depicted graphically in any simple way
The free-rider problem arises when an individual ____________.
In the classical model of the labour market, voluntary unemployment will increase if:
Economics
1. Can a country have a trade deficit forever?
In the market for air travel, which of the following variables would decrease demand, ceteris paribus?
a) An increase in rental rates for hired cars, a substitute.
b) A rise in income of tourists.
c) A rise in the price of air travel.
d) A rise in the price of hotel accommodation, a complement.
a) An increase in rental rates for hired cars, a substitute.
b) A rise in income of tourists.
c) A rise in the price of air travel.
d) A rise in the price of hotel accommodation, a complement.
In the market for air travel, which of the following variables would decrease demand, ceteris paribus?
a) An increase in rental rates for hired cars, a substitute.
b) A rise in income of tourists.
c) A rise in the price of air travel.
d) A rise in the price of hotel accommodation, a complement.
a) An increase in rental rates for hired cars, a substitute.
b) A rise in income of tourists.
c) A rise in the price of air travel.
d) A rise in the price of hotel accommodation, a complement.
If there is an increase in the price of red meat, a substitute in production for milk, then:
a) The supply of milk will increase.
b) The demand for milk will decrease.
c) The supply of milk will decrease.
d) There will be a movement along the supply curve for milk.
a) The supply of milk will increase.
b) The demand for milk will decrease.
c) The supply of milk will decrease.
d) There will be a movement along the supply curve for milk.
A community in north Namibia produces only two goods, tv's and cds. With the aid of properly labelled production possibilities curves illustrated each of the following(putting tvs on the vertical axis)
