Bank failures in the U.S
a. occurred frequently through the 1960s and declined since then.
b. occurred infrequently through the 1960s and have become more common since then.
c. occurred frequently through the 1930s, declined after that time, and became more common in 2008.
d. occurred infrequently through the 1930s, increased after that time, and became less common in 2008.
c
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A call option is a contract
A. that gives the owner the right, but not the obligation, to buy shares of a stock at a specified price within the time limits of the contract. B. that gives the owner the right, but not the obligation, to sell shares of a stock at a specified price within the time limits of the contract. C. in which the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price. D. that gives the owner the right, but not the obligation, to buy or sell shares of a stock at a specified price within the time limits of the contract.
Which of the following will NOT shift the aggregate demand curve to the right?
A) a decline in the price level B) an increase in government expenditures C) an increase in investment D) an increase in the money supply
Which statement is false?
A. A product's utility to a buyer is measured by how much the buyer is willing to pay for it. B. A person would maximize her total utility when she had no consumer surplus. C. We will consume a service when its marginal utility is equal to its price. D. As the price of a good rises the consumer surplus decreases.
Jen has a PhD in economics and has been working for 3 years part-time as an instructor; she has always hoped to be hired as a full-time faculty member. The best way to describe Jen is to say she is:
A. unemployed. B. overemployed. C. a discouraged worker. D. underemployed.