When the Dutch East India Company was founded in 1602, it raised financial capital by issuing notes of indebtedness called

The above figure shows the market for biologists. The government decides to set a minimum wage for biologists of $18 per hour. After this minimum wage is in effect, unemployment equals ________ workers

A) 100 B) 300 C) 400 D) 500 E) 200

When the price of summer tank tops falls and you buy more of them because they are relatively less expensive, this is called

A) the income effect. B) the deadweight loss effect. C) the elasticity effect. D) the substitution effect.