The "ceteris paribus" clause in the law of demand does not allow which of the following factors to change?
a. Consumer tastes and preferences. b. The prices of other goods.
c. Expectations. d. All of these.
d
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Which one of the following is an example of a positive statement?
A) Farmers need some type of government aid. B) State governments should provide economic assistance to farmers. C) The federal government should provide economic assistance to farmers. D) The amount of financial assistance given to farmers is higher this year than it was 10 years ago.
Each firm has a downward-sloping demand curve for loanable funds because its
a. marginal resource cost curve slopes downward b. marginal revenue product curve slopes upward c. marginal rate of return on investment curve slopes downward d. marginal resource cost slopes upward e. marginal rate of return on investment curve slopes upward