The Fed's tools are also known as
A) goals.
B) intermediate targets.
C) instruments.
D) derivatives.
C
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Suppose the table below describes the demand for a good produced by monopolist.PriceQuantity$101$92$83$74$65$56$47The total revenue from selling 6 units is ________, and the marginal revenue of selling the 6th unit is ________.
A. $5; 5 B. $24; $5 C. $30; 0 D. $30; $1
Because all of his friends stopped exclusively wearing black clothes, Doug wears anything but black clothes. This is known as
A) a negative sum game. B) collusion. C) positive market feedback. D) negative market feedback.
Crowding out is the offsetting effect on private expenditures caused by the government's sale of bonds to finance expansionary fiscal policy.
Answer the following statement true (T) or false (F)
Entrepreneurs:
A. work exclusively in government and university R&D laboratories. B. often form small companies called start-ups. C. are less likely to exist in service industries than in manufacturing industries. D. are engaged mainly in basic scientific research.