Refer to the table above. What is the equilibrium price of notebooks?

A) $4 B) $6 C) $2 D) $7


A

Economics

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Why should the development of a solid elementary education system take precedence over an expansion of the university system in developing countries?

What will be an ideal response?

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In the long run, all costs are fixed costs

a. True b. False Indicate whether the statement is true or false

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A recession is a period of time in which the total output of the economy rises

a. True b. False Indicate whether the statement is true or false

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The Federal Deposit Insurance Corporation

A. only insures deposits in money-center banks.
B.

discourages banks from engaging in excessive risk taking.

C. increases the stability of the banking system by reducing the likelihood of bank runs.
D. was established after the Panic of 1907.

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