If freezing weather in Florida destroys a large portion of the current orange crop,
A) prices of Florida oranges will rise and quantity demanded will fall.
B) the supply of and the demand for Florida oranges will both fall.
C) the demand for Florida oranges will fall and prices will rise.
D) the supply of Florida oranges will decline but not the quantity demanded.
A
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If $1 equals 2 euros, then 1 euro equals
a. $4.00 b. $2.00 c. $0.50 d. $1.00 e. $0.25
Suppose the labor-force participation rate of men is greater in Troy than in Sparta. This could be because the men of Troy
a. spend more time in school and have earlier and longer retirements than men in Sparta. b. spend more time in school and have later and shorter retirements than men in Sparta. c. spend less time in school and have earlier and longer retirements than men in Sparta. d. spend less time in school and have later and shorter retirements than men in Sparta.