What is the average cost of producing three units?
a. $200
b. $100
c. $50
d. $70
b
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In the table above, the number of marginally attached workers is ________
A) 40 million B) 6 million C) 2 million D) 4 million
Based on annual data from 2000-2010, the Gadget Company estimates that sales are growing according to a linear trend:
Q = 50,000 + 200t where t is time and t = 0 in 2000. a. Forecast sales for 2013. b. Do you see any problems with this forecasting method?
Federal funds loans are:
A. unsecured loans. B. collateralized loans between banks. C. guaranteed by the FDIC. D. secured loans between banks and the Fed.
Which of the following statements is correct?
a. Both liquidity preference theory and classical theory assume the interest rate adjusts to bring the money market into equilibrium. b. Both liquidity preference theory and classical theory assume the price level adjusts to bring the money market into equilibrium. c. Liquidity preference theory assumes the interest rate adjusts to bring the money market into equilibrium; classical theory assumes the price level adjusts to bring the money market into equilibrium. d. Liquidity preference theory assumes the price level adjusts to bring the money market into equilibrium; classical theory assumes the interest rate adjusts to bring the money market into equilibrium.