The ICC accepts only those cases in which domestic criminal courts are either unable or unwilling to get involved. This stipulation is referred to as
a. nonproliferation.
b. noninterference.
c. complementarity.
d. asylum.
c. complementarity.
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A monopoly producer of a durable good:
a. can earn even greater profits than a producer of a non-durable. b. must consider competition from its own output decisions. c. will have higher marginal costs than most other monopolies. d. will not set marginal revenue equal to marginal cost.
Which of the following was a successful application of fiscal policy in the United States?
a. Roosevelt's strategy in combating the Great Depression b. The tax cut of 1964 c. The temporary tax surcharge of 1968 d. The battle against stagflation during the 1970s e. The large tax cut of 1981
An airline can profit by offering standby customers an unsold seat at a substantial discount just before takeoff because
a. additional passengers are needed to balance the load. b. the marginal cost of additional passengers is very small. c. additional passengers add little to fixed costs. d. such passengers add more to profits than do those with reserved seats.
If checkable deposits in Bank A total $300 million and the required reserve ratio is 10 percent, then required reserves at Bank A equal
A) $3.0 million. B) $30.0 million. C) $3.3 million. D) $300,000