In the 1990s, Oprah Winfrey, the former national talk-show host, discouraged Americans from eating beef. She argued beef consumption could create major health problems, and, as a result, beef purchases and the price of beef fell substantially
Which of the following occurred? A) The supply curve of beef shifted to the left.
B) The demand curve for beef shifted to the left.
C) The supply curve of beef shifted to the right.
D) The demand curve for beef shifted to the right.
E) Neither the supply curve nor the demand curve for beef had changed.
B
Economics
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Easy money policy is _____.
(A) Monetary policy that increases the money supply. (B) Monetary policy that reduces the money supply. (C) The belief that the money supply is the most important factor in macroeconomic performance. (D) The time it takes for monetary policy to have an effect.
Economics
An example of an in-kind benefit is
a. a welfare payment. b. capital gains. c. a charitable contribution of money. d. public housing.
Economics