All points on a demand curve are optimal consumption points
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is (are) responsible for managing the money supply in the United States?
A) the Board of Governors B) the Federal Reserve Bank of New York C) the Federal Open Market Committee D) the twelve Federal Reserve Banks
Both unemployment insurance and income taxes are examples of
a. economic cycle contributors b. macro consensus c. government regulation d. automatic stabilizers e. tax rates
Which of the following does not contribute to the high productivity of the U.S. economy?
A. Factor mobility. B. The capital stock. C. Technology. D. Negative externalities.
Describe why monopolistically competitive firms find it important to establish brand loyalty.
What will be an ideal response?