Which of the following could be an example of a question that would be studied in microeconomics?
A. How did the recession end in 2009 if unemployment continued to rise?
B. How will the legalization of marijuana in Colorado affect the market for cigarettes?
C. When should Congress raise taxes in order to tackle the debt crisis?
D. Why did our economic growth rate slow down during the 2000s?
Answer: B
Economics
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State-chartered banks that are not members of the Federal Reserve System are examined by the _________.
Fill in the blank(s) with the appropriate word(s).
Economics
The price of a good always changes when
A) either a shortage or a surplus occurs. B) quantity demanded and quantity supplied are constant. C) there is an increase in demand and an increase in supply. D) there is a decrease in demand and a decrease in supply.
Economics