Open market operations are an appropriate tool for day-to-day changes in monetary policy
Indicate whether the statement is true or false
TRUE
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Which of the following is one of the BRIC nations?
A) Indonesia B) Bangledesh C) Chile D) Belgium E) Russia
A firm produces 2,000 high-quality bicycles per year. At this output, AVC $300 and the firm’s fixed costs are $200,000. The firm’s total costs are
A. $400. B. $600,000. C. $800,000. D. $500,000.
Which of the following is a disadvantage of the U-form structure?
a. In case of multiple products sold in different markets, a U-form structure is difficult to maintain. b. A U-form structure requires a larger staff to evaluate top-level decision making than other organization structures. c. A U-form structure necessitates a multiple-level decision-making process. d. The amount of information that is considered for decision-making in a U-form structure is less than other structures.
Assume the price of product Y (the quantity of which is on the vertical axis) is $15 and the price of product X (the quantity of which is on the horizontal axis) is $3. Also assume that money income is $60. The absolute value of the slope of the
resulting budget line: A. is 5. B. is 1/5. C. is 4. D. is 20.