What is the lowest value the 80/20 ratio can take?
A. -1
B. 100
C. 1
D. 0
Answer: C
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A firm's isoquant shows
a. the amount of labor needed to produce a given level of output with capital held constant. b. the amount of capital needed to produce a given level of output with labor held constant. c. the various combinations of capital and labor that will produce a given amount of output. d. None of the above.
If the CPI increases from 110 to 125 for one year, the rate of inflation for that year is
A. 1.13 percent. B. 13.6 percent. C. 15 percent. D. 50 percent.
What percentage of the U.S. public debt is held by federal agencies and the Federal Reserve?
A. 71 percent. B. 50 percent. C. 40 percent. D. 29 percent.
If the Federal Reserve raises the discount rate, the market rate of interest
a. will rise but the monetary base will be unchanged. b. will rise and the monetary base will fall. c. and the monetary base will both rise. d. will fall and the monetary base will rise.