Which of the following is true for a price-searcher firm?
a. Its marginal revenue curve will lie below its demand curve.
b. Its marginal revenue curve will lie above its demand curve.
c. Its marginal revenue curve is equal to its demand curve.
d. Its marginal revenue curve is horizontal at the market equilibrium price.
A
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If government expenditures are increased by $50 billion, assuming all other factors stay constant, we would expect real GDP in the long run to
A. increase by more than $50 billion. B. stay constant. C. increase by $50 billion. D. increase by less than $50 billion.
Which of the following would NOT be a factor that has contributed to the rising female labor force participation rate?
A) greater access to training B) greater access to education C) increasing family size D) reduction of barriers to competing with men for jobs
An option that can only be exercised at maturity is called
A) a swap. B) a stock option. C) an European option. D) an American option.
A time deposit with a fixed maturity date offered by banks is called a
A) checking account. B) savings deposit. C) small-denomination certificate of deposit. D) corporate bond.