If the resource market is perfectly competitive, the marginal factor cost is equal to the price of the resource
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is classified as a liability for a commercial bank?
A) Reserves B) Commercial loans C) Demand deposits D) Deposits with the Federal Reserve
Both the Federal Reserve System in the United States and the European Central Bank are comprised of geographically dispersed Banks. How might such decentralization contribute to successful monetary policy?
What will be an ideal response?
Refer to the table shown. If the output of bicycles is 4 per week, the average cost of producing each bicycle is:Output(bicycles per week)Total cost (dollars)110022003310444055806730790081,200
A. $140. B. $100. C. $110. D. $120.
A firm's ________ is measured as a stock while ________ is measured as a flow.
A. investment in new capital; capital B. current labor force; current inventory C. capital; investment in new capital D. planned inventory; current inventory