Microeconomics

Replies / Views	Last post
Using supply and demand curve analysis, the triangular area above the equilibrium price and under ... Started by justinmsk	1 Replies 4 Views	Jun 30, 2018 by Dominic
The supply schedule shows the specific quantity of a good that suppliers are willing and able to: ... Started by crobinson2013	1 Replies 4 Views	Jun 30, 2018 by djofnc
According to the law of supply: a. more of a good is desired by consumers as the price falls. b. ... Started by Jipu 123	1 Replies 4 Views	Jun 30, 2018 by vickyvicksss
Three of the four events described below might reasonably be expected to shift the demand curve for ... Started by Pea0909berry	1 Replies 4 Views	Jun 30, 2018 by BAOCHAU2803
Which of the following would not cause market demand for a normal good to decline? a. An increase ... Started by OSWALD	1 Replies 4 Views	Jun 30, 2018 by Joc
The government of Montesia had announced that it would keep its money supply unchanged in 2010 . ... Started by RRMR	1 Replies 4 Views	Jun 30, 2018 by Sierray
Brandon, an economist, is a believer of the rational expectations school. According to him, which of ... Started by lindiwe	1 Replies 4 Views	Jun 30, 2018 by blakeserpa
Which of the following is most likely to cause the long-run aggregate supply curve to shift ... Started by stock	1 Replies 4 Views	Jun 30, 2018 by ndhahbi
Movement along the aggregate expenditure line is caused by a change in the level of income. a. True ... Started by Mr. Wonderful	1 Replies 4 Views	Jun 30, 2018 by ynlevi
Under a rule of reason approach, which of the following would be legal in the United States? a. The ... Started by viki	1 Replies 4 Views	Jun 30, 2018 by Brenm
Uncertainty about inflation: a. shifts the attention of business managers away from exchange rate ... Started by danielfitts88	3 Replies 4 Views	Jun 30, 2018 by jlaineee
During periods when the inflation rate fluctuates widely, _____. a. the nominal interest rate and ... Started by magmichele12	1 Replies 4 Views	Jun 30, 2018 by scottmt
A likely consequence of debt default is: a. a decrease in the federal cost of borrowing. b. an ... Started by nevelica	1 Replies 4 Views	Jun 30, 2018 by Sassygurl126
When the Lorenz curve lies above the diagonal, a. the poorest 20 percent of the population receive ... Started by LaDunn	1 Replies 4 Views	Jun 30, 2018 by Sarahjh
Describe the decision for a perfectly competitive employer in determining the profit maximizing ... Started by futuristic	1 Replies 4 Views	Jun 30, 2018 by jlaineee
Given the desire of politicians to get reelected, they might try in the short run to use _____. a. ... Started by bobypop	1 Replies 4 Views	Jun 30, 2018 by amynguyen1221
The gross domestic product (GDP) of an economy for a particular year is likely to increase if _____. ... Started by geodog55	1 Replies 4 Views	Jun 30, 2018 by jennafosdick
A tax is considered to be independent of: a. investment. b. consumption. c. government spending. ... Started by lidoalex	1 Replies 4 Views	Jun 30, 2018 by ashely1112
Which of the following statements best explains the effects of transfer payments and taxes on ... Started by tnt_battle	3 Replies 4 Views	Jun 30, 2018 by javimendoza7
Which of the following assumptions is true of government spending and taxes? a. They do not depend ... Started by Redwolflake15	1 Replies 4 Views	Jun 30, 2018 by momtoalll
Which of these is a likely impact of a decrease in the price level in an economy on the aggregate ... Started by fbq8i	1 Replies 4 Views	Jun 30, 2018 by mbcrismon
The ____ is the situation in which the marginal product of labor is greater than zero and declining ... Started by littleanan	1 Replies 4 Views	Jun 30, 2018 by princessflame2016
Which of the following is true of economic fluctuations? a. They can be experienced by the world ... Started by futuristic	1 Replies 4 Views	Jun 30, 2018 by raenoj
Economic profit is: a. always less than zero. b. never less than accounting profit. c. less than ... Started by londonang	1 Replies 4 Views	Jun 30, 2018 by mbcrismon
Compared to a perfectly competitive industry, a monopolist with the same marginal cost and demand ... Started by deesands	1 Replies 4 Views	Jun 30, 2018 by fauacakatahaias