When a business fails to cover sunk costs, it usually
A) declares a stock split.
B) declares bankruptcy.
C) does not immediately stop operating.
D) stops operating until sunk costs are recovered.
C
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In the figure above, what happens to total revenue as we move from point A to point B?
A) It increases. B) It decreases. C) It remains constant. D) It becomes negative. E) More information about the elasticity of demand is needed to determine if it increases, decreases, or does not change.
Which of the following can be categorized as multilateral aid?
a. The U.S. providing funds to Haiti b. World Bank providing financial assistance in the form of flood relief funds to Brazil c. Pakistan requesting financial assistance for earthquake relief from the developed world d. France promising funds to the Philippines against duty-free imports of French products e. USAID relieving Nepal of the outstanding debt the latter owes to the organization
A trait of automatic stabilizers is that they ______.
a. have a short lag time b. have a long lag time c. are part of monetary policy d. are created by the FOMC
The Fed can influence:
A. the budget of the federal government. B. the household savings rate. C. U.S. tax rates. D. the U.S. money supply.