In the figure above, an increase in the supply of oil would result in a movement from
A) point a to point e.
B) point a to point b.
C) point a to point c.
D) point a to point d.
B
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The "discount rate" is the rate used by the Fed when
A) the Fed extends a short-term loan directly to a commercial bank. B) the Fed extends a short-term loan to one of the regional Federal Reserve banks. C) the Fed calculates the present value of particular long-term investment projects. D) the Fed makes cash available for the federal government.
The purpose of social regulation is
A) to force a firm to produce at the point where marginal cost equals marginal revenue. B) to control the quality of service provided by a monopolist. C) to control the price that regulated enterprises are allowed to charge. D) to focus on the impact of production on the environment and society, the working conditions under which goods and services are produced, and sometimes the physical attributes of goods.
Social Security payments:
A. now hold their value over time. B. are adjusted for inflation using the CPI. C. undergo cost-of-living adjustments. D. All of these statements are true.
Discrimination can come from many groups of people, including employers and fellow employees
a. True b. False Indicate whether the statement is true or false