An increase in rent would
A. increase the demand for land.
B. decrease the demand for land.
C. decrease the supply of land.
D. None of the choices are correct.
D. None of the choices are correct.
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The Basel Committee ruled that regulators in other countries can ________ the operations of a foreign bank if they believe that it lacks effective oversight
A) restrict B) encourage C) renegotiate D) enhance
Field (2003) claims that the period from 1929 to 1941 was the strongest period of what in U.S. history?
(a) Technological advancements (b) Monetary policy (c) Government action (d) Internationalization
Suppose the banking system currently has $400 billion in reserves, the reserve requirement is 8 percent, and excess reserves amount to $5 billion. What is the level of deposits?
a. $5,000 billion b. $4,937.5 billion c. $5,062.5 billion d. $4,995 billion
Suppose a monopolist faces the demand curve shown below. If the monopolist were to sell 20 units of output, its total revenue would be:
A. $1,000. B. $50. C. $100. D. $140.