Refer to the above figure. The firm will just be covering all of its variable cost but none of its fixed cost
A) when the price equals $1.
B) when the price equals $2.
C) when the price equals $4.
D) at prices between $1 and $2.
A
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In July 2014, the CPI inflation rate was 0.3 percent while the core CPI inflation rate was 0.1 percent. The difference between these two measurements of inflation indicates
A) prices for food and fuel were increasing more rapidly than prices for other goods. B) prices for food and fuel were increasing less rapidly than prices for other goods. C) the underlying inflation rate was higher than the overall inflation rate. D) a negative underlying inflation rate.
Suppose you transfer $2,000 from your mutual fund account to your checking account. What is the immediate impact of this transfer on M1 and M2?
What will be an ideal response?
Disagreement between the partners during operation can result in:
a. Dissolution or reorganization of the business. b. sale of the business to a third party. c. one partner buying the other's assets. d. the admission of a new partner.
According to the long-run Phillips curve, in the long run monetary policy influences
a. both the inflation rate and the unemployment rate. b. the inflation rate but not the unemployment rate. c. the unemployment rate but not the inflation rate. d. neither the unemployment rate nor the inflation rate.