In classical IS-LM analysis, the effects of a decline in desired investment include
A. an increase in the price level.
B. a decline in the real interest rate.
C. an increase in unemployment.
D. a decline in output.
Answer: B
Economics
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During 1959 through 2010, the percent of poor families headed by an elderly person
a. rose. b. steadily declined. c. remained virtually unchanged. d. steadily increased until 1980 when it began to decline.
Economics
Assume a subsidy to buyers has been enacted in the market in the graph shown. With the subsidy, the producers sell _____ units and receive _____ for each of them.
A. 100; $46
B. 100; $30
C. 150; $40
D. 150; $24
Economics