Use the above figure. The consumer's choice changes from YA to YB. Which of the following statements about good Y is TRUE?
A. price has decreased and the quantity demanded has fallen.
B. price has increased and the quantity demanded has fallen.
C. price has decreased and the quantity demanded has risen.
D. price has increased and the quantity demanded has risen.
Answer: C
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Which of the following policy measures forced credit-rating agencies to provide reports to the SEC when their employees go to work for a company that has been rated by them in the last twelve months?
A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 B) Sarbanes-Oxley Act of 2002 C) Global Legal Settlement of 2002 D) Gramm-Leach-Bliley Act of 1999 E) Riegle-Neal Act of 1994
Commercial paper is most commonly issued with a maturity of __________ days
A) 5 B) 10 C) 30 D) 270
The marginal product of labor is the additional revenue a firm earns by employing one additional unit of labor.
Answer the following statement true (T) or false (F)
One thing oligopolists must do in order to determine their optimal strategy is
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