Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, a decrease in unemployment may be represented by the movement from
A. B to A.
B. C to D.
C. B to D.
D. A to C.
Answer: B
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The figure above shows the marginal social cost curve of generating electricity, the marginal private cost curve, and the demand curve. If the Coase theorem can be used in this market, output equals ________ kilowatt hours per day
A) 0 B) 150 billion C) 200 billion D) 100 billion E) more than 200 billion
The interest rate that the Federal Reserve pays banks on the reserves they hold is called the
a. open-market rate. b. discount rate. c. preference rate. d. None of the above are correct.
Which of the following will the FTC probably support?
a. a merger that makes entering a market more difficult b. a merger that lowers competition in an industry c. a merger that leads to greater market concentration d. a merger that leads to lower prices for consumers
Refer to the information provided in Table 23.7 below to answer the question(s) that follow. Table 23.7
Refer to Table 23.7. Planned saving equals planned investment at an aggregate output level
A. of $1,000 billion. B. of $800 billion. C. of $600 billion. D. that cannot be determined from this information.