In-kind transfers are transfers to the poor
a. in the form of goods and services rather than cash.
b. in the form of goods, services, and cash.
c. from private charitable organizations only.
d. from the federal government only.
a
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The marginal propensity to save (MPS) is the
A) fraction of additional income that is saved. B) amount of saving that is later consumed. C) total amount of income that is saved. D) part of consumption spending that does not depend on income.
Profits or losses must be temporary for perfectly competitive firms. Why?
What will be an ideal response?
This table shows price and quantity produced for a single firm in a perfectly competitive market.PriceQuantity$1023$1024$1025$1026Given the information in the table shown, what is the marginal revenue when 25 units are produced?
A. $10 B. $25 C. $20 D. $250
Firms that participate in regular open market transactions with ________ are called primary dealers
A) commercial banks B) Treasury banks C) the Federal Reserve D) mortgage lenders