In the figure at? right, assume this firm is operating on d3. Which is? true?
A. This firm is breaking even
B. This firm is earning an economic profit
C. This firm's total revenue equal HRD0
D. This firm is experiencing an economic loss
Answer: A. This firm is breaking even
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When the Fed acts as a "lender of last resort," like it did in the financial crisis of 2007-2008, it is performing its role of
A. providing for check clearing and collection. B. being the bankers' bank. C. controlling the money supply. D. setting the reserve requirements.
If the Fed sells government bonds in the open market, it will cause:
A) a downward movement along the supply curve for reserves. B) a shift of the supply curve for reserves to the left. C) a shift of the supply curve for reserves to the right. D) an upward movement along the supply curve for reserves.
Which of the following statements is based on positive analysis?
a. Individuals without health insurance have less access to physicians' services than those who have health insurance. b. The high cost of health insurance places U.S. firms at a competitive disadvantage with their foreign competitors. c. Employers should be required to provide health insurance for all full-time workers and their dependents. d. none of the above. e. Both a and b.
The percentage of households with a Head Start enrollee where there are two parents present and where both have jobs is
A. 67%. B. 20%. C. 33%. D. 50%.