Which of the following institutions is responsible for check processing?
a. U.S. Department of the Treasury
b. Comptroller of the Currency
c. Federal Reserve
d. Federal Deposit Insurance Corporation
c. Federal Reserve
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Globalization means that firms recruit top talent from the global talent pool. Globalization means that the payoffs won by the contest winners ________
A) increase in size B) do not change in size C) might increase, decrease, or not change depending on whether the demand for contests changes by more than, less than, or the same amount as the supply of contests. D) decrease in size
Flat tax
A. is same tax rate to everyone. B. is same tax rate to each component of income. C. allows a tax base with no deductions with a few exemptions and expenses. D. is same tax rate to everyone and to each component of income only. E. all of these answer options are correct.
The term self-interest, as viewed by economists, means that:
a. consumers never pay more for a good simply because it carries a certain designer label. b. only economists are capable of making choices according to rational self-interest. c. people never act in their self-interest until they have perfect information. d. consumers always seek the least expensive option when making a purchase, regardless of individual preferences. e. people make choices that, given the information available, gives them the greatest amount of satisfaction.
In the following graph, the price of capital is $100 per unit. What is the marginal rate of technical substitution at point C?
A. 0.14 B. 4 C. 0.4 D. 1.4 E. none of the above