Which type of financial intermediary is NOT considered a "thrift institution"?
A) commercial banks
B) savings-and-loans
C) mutual savings banks
D) credit unions
A
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The single-price monopolist shown in the above figure could increase its economic profit if
A) it became a price discriminator. B) its costs of production decreased. C) the demand for its good increased. D) any or all the above were to occur.
In 1940 _____ of the population over 25 had a college degree
a. less than 5 percent b. around 10 percent c. around 15 percent d. more than 20 percent
Management ______ are measuring devices, techniques, or instruments that are used to arrive at decisions and plans of action
a. Plans b. Actuarial resources c. Quality circles d. Tools
Producer surplus measures the value between the actual selling price and the:
a. price sellers are willing to sell the product. b. deadweight loss price. c. lowest price sellers are willing to sell the product. d. profit-maximization price.