In the early 20th century, streetcars in many southern cities required that white passengers sit in the front of the car while black passengers sat in the back. The firms that ran the streetcars were
a. in favor of the segregation laws because they lowered costs and increased profits.
b. against the segregation laws because they increased costs and lowered profits.
c. lobbied local governments to enact such laws because their customers were willing to pay more for service in order to maintain the segregation.
d. concerned about the effects of smoking. Since blacks smoked more than whites, they were supportive of the segregation laws.
b
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Which of the following policy actions by the Fed would cause the money supply to increase?
a. An open market sale of government securities. b. An increase in required reserve ratios. c. A decrease in the discount rate. d. All of these.
_______________ have been unable to organize a union in any of the foreign-owned factories owned by Honda, Toyota, and Nissan.
A. The United Autoworkers B. The National Education Association C. The International Brotherhood of Teamsters D. The Service Employees International Union
The following table lists the utility that Gwen receives from consuming bananas at $0.25 apiece. What is the total utility of consuming three bananas?Number of bananasTotal utility00110222332440546
A. 46 B. 30 C. 2 D. 8
The primary purpose of deposit insurance is to
A) improve the flow of information to investors. B) prevent banking panics. C) protect bank shareholders against losses. D) protect bank employees from unemployment.