If a manager cannot use his management team to deliver a product profitability to the marketplace, a solution for the board of directors might be to
A. let the manager have more time to figure things out.
B. increase bonuses for the current management.
C. fire the manager and reorganize the company.
D. shut down the operations of the company.
Answer: C
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If the required reserve ratio is 100 percent, could the Federal Reserve still change the money supply with open market operations? Explain whether they could or could not
What will be an ideal response?
The slope of the isoquant tells the firm how much
A) output increases when labor increases by one unit. B) output increases when capital and labor are doubled. C) capital must decrease to keep output constant when labor increases by one unit. D) a unit of capital costs relative to the cost of labor.
Which of the following would not lead to more conservation?
A. Higher prices for a resource B. Increased interest rates on bonds C. Public awareness of increasing scarcity D. Higher taxes on goods produced using the resource
When the Fed buys government securities, it:
A. lowers the cost of borrowing from the Fed, encouraging banks to make loans to the general public. B. raises the cost of borrowing from the Fed, discouraging banks from making loans to the general public. C. increases the amount of excess reserves that banks hold, encouraging them to make loans to the general public. D. increases the amount of excess reserves that banks hold, discouraging them from making loans to the general public.