When whites are murdered, it is typically at the hands of
A. the races in rough proportion to their population.
B. an equal division of blacks and whites.
C. other whites.
D. blacks.
Answer: A
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During the so-called wildcat banking period in the United States,
a. there was no central authority in the U.S. banking system. b. abusive banking practices were prevalent. c. the National Banking System provided bank note security. d. there was no central authority in the U.S. banking system AND abusive banking practices were prevalent.
Constant returns to scale occur when the firm's long-run
a. total costs are constant as output increases. b. average total costs are constant as output increases. c. average cost curve is falling as output increases. d. average cost curve is rising as output increases.
If the CPI was 108.00 in 1942 and is 336.96 today, then $10 in 1942 purchased the same amount of goods and services as
a. $2.57 purchases today. b. $28.89 purchases today. c. $31.20 purchases today. d. $38.89 purchases today.
Jennifer took out a fixed-interest-rate loan when the CPI was 100 . She expected the CPI to increase to 103 but it actually increased to 105 . The real interest rate she paid is
a. higher than she had expected, and the real value of the loan is higher than she had expected. b. higher than she had expected, and the real value of the loan is lower than she had expected. c. lower than she had expected, and the real value of the loan is higher than she had expected. d. lower then she had expected, and the real value of the loan is lower than she had expected.