With an upward-sloping supply curve, which of the following is true?
a. An increase in price results in a decrease in quantity supplied.
b. An increase in price results in an increase in supply.
c. A decrease in price results in a decrease in quantity supplied.
d. A decrease in price results in an increase in supply.
c
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Which of the following describes actual trends in the U.S. labor force participation rate?
A) The labor force participation rate of adult men has risen since 1950. B) The labor force participation rate of adult women has risen since 1950. C) The labor force participation rate of adult men not in school, but too young to retire has risen since 1950. D) The labor force participation rate of adult women has fallen since 1950. E) The labor force participation rate of all adults has fallen since 1950.
Hedging risk for a short position is accomplished by
A) taking a long position. B) taking another short position. C) taking additional long and short positions in equal amounts. D) taking a neutral position.
A bank that improves its service may be able to __________ the rate on its loans and so __________ its net interest income
A) lower; lower B) lower; raise C) raise; lower D) raise; raise
A firm's break-even price is the price that is just equal to the minimum point of the AVC curve, in the short run
a. True b. False Indicate whether the statement is true or false