Assume a firm has fixed costs of $80 and variable costs as indicated in the table below. Complete the cost table
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Which of the following can bring about a change in the quantity demanded?
a. Change in supply. b. Change in quality. c. Change in income. d. Change in product price. e. Change in taste.
The International Monetary Fund is an organization that operates under the supervision of the Treasury of the U.S. Government
Indicate whether the statement is true or false
When the actual reserves held by a bank exceed the legal requirement, the bank
a. will have to borrow from the Fed. b. has excess reserves, which can be used to extend additional loans. c. cannot extend additional loans. d. will have to reduce its outstanding loans.
Suppose that last year the slope of the AE curve was 0.67 and this year the slope of the AE curve changed to 0.8. Which of the following best describes what happens to the multiplier?
a) it rises from 3 to 5 b) it falls from 5 to 3 c) it rises from 1.25 to 1.49 d) it falls from 1.49 to 1.25