When the Fed increased the volume of discount loans after the terrorist attacks of September 11, 2001, it was trying to achieve

The above figure shows the marginal private benefit and marginal social cost of a college education. If society's external benefits from college graduates is $10,000 each, then without government intervention

A) no students will go to college. B) less than 10 million students will go to college. C) 10 million students will go to college. D) more than 10 million students will go to college.

Economies of scale exist over all ranges of output for which short-run average total cost exceeds long-run average cost

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

Which of the following is not a condition for perfect competition to exist:

a) There are a small number of firms in the industry. b) All firms are producing the same product. c) It is easy to either enter or exit the industry. d) All of the above apply.

If the banking sector borrows internationally and lends locally, how does this intensify a financial crisis?

What will be an ideal response?