According to the U.S. Treasury,

A) creditors do not have to accept cash in payment of debts.
B) U.S. dollars must be accepted as payment for any good or service sold in the United States.
C) firms do not have to accept cash as payment for goods and services.
D) the government will not accept cash in payment of taxes.


C

Economics

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Which of the following Federal Reserve Banks carries out the decisions of the FOMC?

A) the Kansas City Federal Reserve Bank B) the New York Federal Reserve Bank C) the Dallas Federal Reserve Bank D) the San Francisco Federal Reserve Bank E) the Atlanta Federal Reserve Bank

Economics

Roxie's Movie Theatre is the only one in town. The table above gives the demand schedule for movies

If Roxie's is a single-price monopoly and the marginal cost of a movie is $6, Roxie's will charge ________ a movie and will sell ________ movie tickets a week. A) $15; 100 B) $12; 200 C) $6; 400 D) $9; 300

Economics

Activities that are directly included in GDP accounts include:

a. the value of housework done by householders. b. the selling of illegal drugs. c. unreported labor in sweatshops. d. buying a ticket to a Dodgers-Expos game on your day off.

Economics

Refer to the data provided in Table 9.3 below to answer the following question(s).  Table 9.3qTFCTVCTCMCAVCATC0$100  $0$100  ----  --  1100401404040  140  21006016020  30  80  31009019030  30    63.334100124  224  343156  5100180  280 56  36  56  6100 264   364  84  44    60.677100  372    472  108  53.14  67.43Refer to Table 9.3. If the market price is $20, then this firm will maximize profits by producing ________ units of output.

A. zero B. one C. two D. three

Economics