In the United States, labor productivity is approximately
A. $73 per hour.
B. $94 per hour.
C. $102 per hour.
D. $110 per hour.
Answer: A
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Suppose Marquette Bank and Trust has $10 million in total deposits and the required reserve ratio is 7%. How many dollars can the bank use to seek profit opportunities?
A) $9.3 million B) $7 million C) $930,000 D) $700,000 E) 0. Banks cannot seek profits.
The demand for Exxon gasoline is ____ the demand for all gasoline.
A. exactly as elastic as and has a different slope than B. more elastic than C. less elastic than D. exactly as elastic and has the same slope as
If Y>C+I+G but Md= Ms, then
a. interest rates must rise and output must fall. b. both interest rates and output must fall. c. interest rates must fall and output must rise. d. both interest rates and output must rise. e. none of the above.
The overall decline in death rates in the United States since 1981 was due to all of the following except
A) a decline in smoking. B) the decline in the population. C) the availability of new prescription drugs. D) new surgical techniques.