The optimal inventory to hold maximizes the profit of the inventory, which is the profit from the units sold ________ the ________ from the units that remain unsold.
A) plus; profit
B) plus; loss
C) minus; profit
D) minus; loss
D) minus; loss
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During the Great Depression in the 1930s, the average tariff level in the United States peaked at about
A) zero. B) 6 percent. C) 20 percent. D) 100 percent.
Refer to Figure e. Brandon and Allie want to go on a date one summer evening. Allie is a Red Sox fan, while Brandon is a Mets fan. Both teams are playing that evening, but not against each other. Each would rather watch their favorite team, but neither can force the other to watch a particular game, and each is willing to suffer through the other's game if it means time together. What is the Nash equilibrium?
A. Allie watches the Red Sox, and Brandon watches the Mets.
B. Allie and Brandon both watch the Red Sox.
C. Allie and Brandon both watch the Mets.
D. Allie and Brandon both watch the Red Sox or Allie and Brandon both watch the Mets.
Spending on imports should get ________ GDP, and spending on exports should be ________.
A. subtracted from; included B. included in; subtracted C. included in; included as well D. subtracted from; subtracted as well
Which of the following is an example of the Fed making monetary policy?
A) Increasing government spending by $30 million B) Decreasing the tax rate on interest rate earnings C) Decreasing the discount rate to 2% D) Increasing subsidies to solar energy producers