Use the supply and demand model to explain why the salaries of nurses in increasing?
a. Demand has increased while supply also increased.
b. Demand has increased while supply decreased.
c. Demand has decreased while supply decreased.
d. Demand has decreased while supply increased.
b. Demand has increased while supply decreased.
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The figure above shows Sam's budget line. Sam's budget line shows
A) which combinations of gasoline and coffee Sam can afford. B) which combinations of gasoline and coffee Sam is planning to purchase. C) whether or not Sam thinks gasoline and coffee are worth their prices. D) whether or not Sam currently has enough gasoline and enough coffee.
A risk-free rate can be measured by
A) the rate of inflation. B) the rate on corporate bonds. C) the Federal Reserve's discount rate. D) a rate of a Treasury security.