If a large change in the variable measured on the x-axis is associated with a small change of the variable measured on the y-axis, the line is ________ and the slope is ________
A) downward-sloping; large
B) downward-sloping; small
C) upward-sloping; small
D) either downward or upward-sloping; small
D
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The figure above shows the U.S. supply of labor curve. If there is a simultaneous increase in the nominal wage rate of 10 percent and a 10 percent increase in the price level, there will be a
A) rightward shift of the supply of labor curve. B) movement downward along the supply of labor curve from a point such as A to a point such as B. C) leftward shift of the supply of labor curve. D) movement upward along the supply of labor curve from a point such as C to a point such as B. E) None of the above answers is correct because there is no change in the supply of labor curve.
Which of the following is not a source of funding available to? governments?
A. Taxes. B. Stock sales. C. User charges. D. Borrowing.