Microeconomics is the branch of economics that concerns
a. the overall health of the economy
b. the behavior of individual households, firms, and governments
c. the overall level of trade between nations
d. local governments only
e. the general level of output
B
Economics
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If a company could spend $3 per bicycle on a safety device that would prevent $2,000 worth of harm for every 1,000 bicycles sold, spending the $3 would be a cost-justified precaution
Indicate whether the statement is true or false
Economics
If the interest rate on Japanese yen assets falls while interest rates in the United States remain constant, the
A) quantity of dollars demanded will increase. B) quantity of dollars demanded will decrease. C) demand for dollars will increase. D) demand for dollars will decrease.
Economics