182. in the stock market: a) changes in expectations will affect suppliers but n
ID: 1233056 • Letter: 1
Question
182. in the stock market: a) changes in expectations will affect suppliers but not demanders. b) expectations that cause the demand curve to shift in one direction are usually associated with a supply shift in the same direction. C) the demand for stocks in recent years has been greatly affected by demographic change and rising incomes. d) all of the above are true.109. An allocation of resources that does not achieve the maximum net benefit from one or more activities is : a) iinefficient. b) external c) internal d) efficient
111. which of the following statements is/ are true?
a) a system of property rights forms the basis for all market exchange. b)a system of property rights is essential to an efficient allocation of resources. c) property rights must exist if market exchange is to occur. d) all of the above are true.
112. To be effective property rights must be: a) exclusive and transferable. b) free and quasi-public d) constrained and marginal d) all of the above.
130. The models of demand and supply assume: a) competitive markets. b) no one in the market has power over equilibrium price. c) each market participant takes the price as given. d) all of the above.
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Explanation / Answer
182. in the stock market: a) changes in expectations will affect suppliers but not demanders. b) expectations that cause the demand curve to shift in one direction are usually associated with a supply shift in the same direction. C) the demand for stocks in recent years has been greatly affected by demographic change and rising incomes. d) all of the above are true.
109. An allocation of resources that does not achieve the maximum net benefit from one or more activities is : a) iinefficient. b) external c) internal d) efficient
111. which of the following statements is/ are true?
a) a system of property rights forms the basis for all market exchange. b)a system of property rights is essential to an efficient allocation of resources. c) property rights must exist if market exchange is to occur. d) all of the above are true.
112. To be effective property rights must be: a) exclusive and transferable. b) free and quasi-public d) constrained and marginal d) all of the above.
130. The models of demand and supply assume: a) competitive markets. b) no one in the market has power over equilibrium price. c) each market participant takes the price as given. d) all of the above.
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