The general perception in the early 1980s was the S&Ls were not in serious trouble, partly because S&Ls were insured by the
A) Securities and Exchange Commission (SEC).
B) U.S. Treasury.
C) Federal Deposit Insurance Corporation.
D) Federal Savings and Loan Insurance Corporation (FSLIC).
D
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What is the largest component of the federal budget?
A) discretionary spending B) entitlements and mandatory spending C) defense spending D) net interest
A change in the ceteris paribus conditions for supply will lead to a
A) change in quantity supplied. B) change in supply. C) change in quantity supplied and a change in supply. D) change in how consumers view the quality of the good.
Suppose that the quantity of cars demanded exceeds the quantity of cars supplied. We would expect that:
A. the price of cars will increase. B. the price of cars will decrease. C. the supply will increase (supply will shift to the right) to meet the demand. D. the demand will decrease (demand will shift to the left) to meet the supply.
Suppose that a retailer sells 500 six-packs of Dr. Pepper per day at $3.50/six-pack. Also, suppose that the cross-price elasticity between Dr. Pepper and Pepsi is 0.6. Then Dr. Pepper and Pepsi are ________ goods
Fill in the blank(s) with correct word