If a bank borrows from a Federal Reserve Bank, the interest rate is called
A) the prime rate.
B) the discount rate.
C) the Fed funds rate.
D) the reserve availability rate.
B
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Since 1970, federal expenditures by regulatory agencies have
A) remained constant. B) decreased slightly. C) increased dramatically. D) increased slightly.
Which of the following is not one of the categories into which the Bureau of Labor Statistics places each adult of each surveyed household?
a. employed b. unemployed c. underemployed d. not in the labor force
A monopolistic competitor will maximize its profits at the output level at which
A) TC = TR. B) MC = MR. C) the MC curve intersects the demand curve. D) MR = ATC.
The mathematics of amortization for mortgage loans must utilize the
A. payment frequency. B. payment frequency and the period of time over which the debt will be repaid. C. period of time over which the debt will be repaid. D. structure of marginal tax rates.