Which of the following changes will cause a downward movement along the demand curve for reserves?
A) A decrease in deposits held by banks B) A decrease in the federal funds rate
C) An increase in deposits held by banks D) An increase in the federal funds rate
B
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Healthy Nuts contractually requires distributors who purchase Healthy Nuts' snack packs to also purchase Healthy Nuts' large -sized mixed nuts tins. The legality of the practice will be evaluated under Section ________ of the Clayton Act.
A) 2 B) 8 C) 3 D) 7
A common theme among examples of market failure is
a. the good being provided harms society in some systematic way. b. some item of value does not have an owner with the legal authority to control it. c. cost-benefit analysis will show that private markets should provide the goods and services. d. government intervention decreases the social benefits.
Which of the following is the same as a currency union?
A) a monetary union B) a currency pact C) a monetary pact D) a monetary area
The feature that distinguishes perfect competition from monopolistic competition is that perfectly competitive firms are
A. able to block the entry of other firms. B. unable to differentiate their products. C. price takers. D. large relative to the market.