All twelve Federal Reserve Bank presidents
A) attend Federal Open Market Committee Meetings.
B) vote on decisions regarding the discount rate.
C) vote on decisions regarding the prime rate.
D) vote on decisions regarding bank reserve requirements.
A
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In the long run, the economic profits for a monopolistically competitive firm will be
A. slightly more than the profits of a purely competitive firm. B. the same as the profits for a purely competitive firm. C. the same as the profits for a monopolist. D. slightly less than the profits of a monopolist.
Fluctuating exchange rates can alter a multinational firm's profits and losses. The U.S. automobile manufacturer Tesla produces vehicles in the United States and sells them in Norway
(Norway is Tesla's largest overseas market.) If the dollar appreciates against the Norwegian krone, then Tesla's revenues from these operations should ________ and its profits from these operations should ________. A) fall; rise B) rise; fall C) rise; rise D) fall; fall
The optimal public policy to correct for negative pecuniary externalities is _____
a. corrective taxation and compensation b. subsidization c. corrective taxation without compensation d. nothing
Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. 
Figure 9.1Refer to Figure 9.1. If this farmer is maximizing his profits, his TVC is
A. $24. B. $42. C. $108. D. $255.