Panasonic sends its HDTV salespeople to training sessions. This is an example of

In 1984, the National Minimum Drinking Age Act was passed, raising the legal age to consume alcoholic beverages in the United States to 21. In much of Europe, the legal age to consume alcohol is 18. If the legal drinking age in the United States was

changed back to 18, how would this affect the market for alcoholic beverages? What would happen to the equilibrium price and quantity of alcoholic beverages? What will be an ideal response?

Which of the following would be expected to decrease the demand for money in the U.S.?

A. The economy enters a boom period. B. Political instability increases dramatically in developing nations. C. Households fear increasing computer glitches will severely limit their ability to use ATMs. D. Grocery stores begin to accept credit cards in payment.