Which of the following would be considered leisure?
a. picking strawberries for your own use
b. running a 10-mile training session
c. studying for a college mathematics class
d. changing the oil and oil filter on your car
e. weeding your garden
B
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If the Fed wants to raise the interest rate, in the short run in the money market the Fed
A) increases the quantity of money. B) shifts the demand for money curve leftward. C) shifts the demand for money curve rightward. D) decreases the quantity of money. E) directly raises the interest rate and does nothing to either the supply of money or the demand for money.
In 2014, the price of peanuts increased. In the market for peanut butter, this change led to ________ and which therefore ________ the price of peanut butter and ________ the quantity of peanut butter
A) a decrease in the supply; increased; decreased B) an increase in supply; decreased; increased C) a decrease in demand; decreased; decreased D) an increase in demand; increased; increased