A nation's monetary base changes when:
a. The central bank reduces the reserve requirement.
b. The federal government increases spending.
c. Central banks swap currencies with each other.
d. Funds cross our imaginary line.
e. All of the above.
.D
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Dana wants to try working as an independent contractor this summer. She has a 50 percent chance that she will make $10,000 and 50 percent chance that she will make nothing. What's Dana's expected income from taking this job?
A) $10,000 B) $7,000 C) $5,000 D) zero
Capital goods, like factories and machinery, are classified as intermediate goods
a. True b. False Indicate whether the statement is true or false
Which of the following is NOT a characteristic of monopolistic competition?
A) Entry and exit is restricted. B) Firms compete on price. C) A large number of firms compete. D) Firms compete on product quality.
Refer to the given table. Relative to column A, column B represents:Price Per UnitColumn A Units Per YearColumn B Units Per Year$20100110$308595$407080$505565$604050
A. a decrease in demand. B. an increase in supply. C. a decrease in supply. D. an increase in demand.