In the above figure, the shift in the demand curve from D to D2 can be the result of
A) an increase in the price of soda, a complement to pizza.
B) a decrease in the supply of pizza that raises the price of pizza.
C) an increase in income if pizza is a normal good.
D) a change in quantity demanded.
E) an increase in the price of a sub sandwich, a substitute for pizza.
A
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The Federal Reserve views commercial bank use of the discount window as
A) something to be used only by commercial banks. B) completely up to the borrower. C) a privilege, not a right for eligible borrowers. D) something to be used only in financial panics.
Full employment is not considered to be zero unemployment, because
A) some cyclical unemployment always exists. B) some people do not want a job. C) there are not enough jobs for everyone who wants one. D) people do not find jobs instantaneously.