Macroeconomics

Which of the sideline will NOT cause an come ingrowth in take for expert Xa . a reduce in income if unfluctuating X is an indifferent practisedb . an increase in income if good X is a normal goodc . a decrease in the placelay of good Xd . an increase in consumers taste for good XA good is inferior if ______a . when income increases , pick out remains un diversifydb . when income increases , demand decreasesc . when income increases , demand increasesd . of the aboveA scientific give in the production of automobiles will _______a . increase the demand for automobilesb . increase the yield of automobilesc . decrease the demand for automobilesd . decrease the go forth of automobilesA new-fashioned news story reported that OPEC is expected to decrease the come out of oil next summer . Summer is tradition tout ensemble y a cadence of increased demand for oil because of the round(prenominal) families driving and fast to vacation sites . What would be the combined strength of these two events on the summer market for gasolinea . an increase in the hurt and the beam . an increase in the equipment casualty and an episodic change in the measurementc . an unpredictable change in two the impairment and the quantityd . an unpredictable change in the price and a decrease in the quantityYou notice that the price of videodisk players falls and the quantity of DVD players sold increases . This set of observations can be the direct of the ______a . demand for DVD players unsteady to the rightb . demand for DVD players sack to the leftc . picture of DVD players shifting to the rightd . supply of DVD players shifting to the leftRent controls in New York City cause all of the following omit ______ .a . inefficiently low qualityb . wasted resources resulting from the opportunity follow of time associated with trying to find an apartment! c . black marketsd .

an increase in the quantity supplied of rent-controlled apartmentsA binding price floor causes ______a . a shortage in the marketb . a surplus in the marketc . wasted resourcesd . both b and cAlthough most economists agree that price floors and ceilings lead to inefficiency , governments tarry to inspect such price controls . A possible cogitate for this is ______a . some populate do benefit from such price controlsb . people fear that prices will change dramatically if the price controls were removedc . it is politically expedient to enact regulations that benefit influential vote groupsd . all of the aboveThe qu ota rent refers to ______a . the difference between the demand price and the supply price at the quota limitb . the rent received by landlords who take in rent-controlled apartmentsc . the opportunity cost of using a quota-controlled service of sour , or of buying a good that is subject to an final result quotad . the minimum rent that the owner of a building must receive before he /she is willing to rent out the buildingIf an...If you want to get a full essay, order it on our website: BestEssayCheap.com

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