With overnight repos, __________ gain access to short-term funds to lend
A) corporations
B) banks
C) governments
D) consumers
B
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The economic profit of a perfectly competitive firm
A) is less than its total revenue. B) equals its total revenue. C) is greater than its total revenue. D) is less than its total revenue if its supply curve is inelastic and is greater than its total revenue if its supply curve is elastic.
What is meant by diversifying an investment portfolio? What are the advantages of diversification?
What will be an ideal response?
The largest component of household consumption spending is expenditures on:
a. services. b. durable goods. c. nondurable goods. d. food. e. transportation.
Firms are consumers and households are producers in the _____ market
a. stock b. bond c. labor d. product e. underground