When a price support is set above the equilibrium price, producers ________ the quantity supplied and consumers ________ the quantity demanded

A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
E) do not change; do not change


B

Economics

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Among state member and national banks, __________ have federal deposit insurance through the FDIC

A) all B) virtually all C) a minority D) none of them

Economics

An appreciation of the domestic currency can be caused by ________

A) a decrease in the domestic interest rate B) an increase in the domestic interest rate and expectation of an increase in the value of the domestic currency C) an increase in the domestic interest rate and the expectation of a decrease in the value of the domestic currency D) the expectation of a decrease in the value of the domestic currency

Economics

Refer to the above figure. Which panel demonstrates the law of supply?

A) Panel A
B) Panel B
C) Panel C
D) Panel D

Economics

If the p-value is 10%, then the

A. level of confidence is 90%. B. level of significance is 10%. C. probability of a Type I error is 90%. D. both a and b E. null hypothesis should not be rejected if the level of significance is 5%

Economics