What is true of stock exchanges in the United States?
a. There are two major stock exchanges in New York, several smaller regional exchanges across the nation, and over-the-counter trading via NASDAQ.
b. The New York Stock Exchange is the only stock exchange in the United States.
c. There are only two stock exchanges, NYSE and AMEX.
d. There are only three stock exchanges, NYSE, AMEX, and NASDAQ.
a
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Demand-pull inflation occurs
A) when the aggregate supply curve shifts to the right, while aggregate demand remains stable. B) when the aggregate demand curve shifts to the right, while aggregate supply remains stable. C) when the aggregate demand curve shifts to the left, while aggregate supply remains stable. D) when the aggregate supply curve shifts to the left, while aggregate demand remains stable.
Halvorson Construction has an investment project that would cost $150,000 today and yield a one-time payoff of $167,000 in three years. What is the highest interest rate at which Halvorson would find this project profitable?
a. 7% b. 6% c. 5% d. It is not profitable at any of these interest rates.
In a bilateral monopoly, the wage rate that is determined in the market
A. is the same as in a perfectly competitive market. B. is equal to MRP. C. is indeterminate. D. is equal to MFC.
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. Micro Oven's average fixed costs of producing 10 units of output are
A. $30. B. $40. C. $50. D. indeterminate from this information.