Programs to equalize individual income would most help ______.
a. medium-income single people
b. low-income large families
c. high-income married couples
d. high-income single people
b. low-income large families
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Compensating differentials are
A) non-monetary benefits from being employed, such as health-care benefits. B) higher wages that compensate the more experienced workers in a field. C) wages paid to workers where the supply of labor is great relative to demand. D) higher wages that compensate workers for unpleasant aspects of a job.
Macroeconomics is the study of
a. individual decision makers. b. international trade. c. economy-wide phenomena. d. markets for large products.
The interest rate that banks charge other banks for overnight loans is the
A) prime rate. B) discount rate. C) federal funds rate. D) Treasury bill rate.
Refer to the information provided in Figure 15.5 below to answer the question(s) that follow. 
Figure 15.5 Refer to Figure 15.5. If the Custom Sweater Shop is monopolistically competitive, what is the maximum level of average variable cost that would lead to the firm continuing to operate at the profit-maximizing level in the short run?
A. $40 B. $50 C. $46 D. The firm would continue to operate regardless of the level of variable costs.