The table above gives Andy's utility from popcorn. Andy's total utility from four boxes of popcorn is
A) 66.
B) 70.
C) 78.
D) 82.
C
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From 1970 to 2010, as a fraction of GDP, the quantity of money that people and businesses have held has been
A) independent of people's use of credit cards. B) increasing. C) decreasing. D) fluctuating erratically. E) changing only as the interest rate changed.
In the above figure for a monopolistically competitive firm, the total revenue at the profit-maximizing point is
A) $540. B) $840. C) $400. D) $880.
When testing joint hypothesis, you can use
A) the F- statistic B) the chi-squared statistic C) either the F-statistic or the chi-square statistic D) none of the above
Which of the following statements is most correct?
A. Discount loans are made when banks need relatively large amounts of cash for the long term. B. Discount loans are initiated by the Federal Reserve. C. Discount loans are made when banks need relatively small amounts of cash for the short term. D. Discount loans are made when banks need relatively small amounts of cash for the long term.