One of the main purposes of the Fed's reserve requirements is to
A. provide cash flow for business firms.
B. provide sources for foreign exchange.
C. provide sources for foreign investments.
D. regulate the lending ability of member banks.
D. regulate the lending ability of member banks.
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The accompanying figure shows Becky's daily production possibilities curve for dresses and skirts.
Point Y is ________, and point V is ________.
A. inefficient; efficient B. efficient; efficient C. inefficient; inefficient D. efficient; inefficient
The largest increase in the labor-force participation rate since 1970 is among
A. prime-age women. B. prime-age men. C. males in their 20s. D. teenagers over the age of 16.
Refer to the information provided in Figure 3.18 below to answer the question(s) that follow.
Figure 3.18Refer to Figure 3.18 The market is initially in equilibrium at Point B. If demand shifts from D2 to D1, the equilibrium price will change from ________ and the equilibrium quantity will change from ________.
A. $3.00 to $4.00; 350 to 250 B. $3.00 to $4.00; 250 to 350 C. $4.00 to $3.00; 350 to 250 D. $4.00 to $3.00; 250 to 350
In an monopolistic market there is likely to be:
A. Little consideration of the actions of rival firms B. Price taking behavior on the part of firms C. Homogeneous but not differentiated products D. Neither allocation nor productive efficiency