A central bank can help stop a bank panic by
A) calling in consumer loans. B) raising the required reserve ratio.
C) acting as a lender of last resort. D) decreasing income taxes.
C
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The table above shows data on two variables. If these data were graphed, the slope of the line would be
A) 1/2. B) 4/3. C) 2/3. D) 3/4. E) 2.
The primary purpose of a conglomerate merger is
a. to achieve economies of scale available through increased production of a single good. b. to allow for decentralized management by spreading authority of a number of people spread throughout company locations. c. to avoid adverse effects of business cycles through diversification. d. to reduce competition by purchasing and then closing competing firms.
In the following graph, the price of capital is $100 per unit. What is the marginal rate of technical substitution at point C?
A. 0.14 B. 4 C. 0.4 D. 1.4 E. none of the above
The main effect of an increase in capital stock is a(n) _____
Fill in the blank(s) with the appropriate word(s).