Utility is:
A) a measure of income.
B) a measure of savings.
C) a measure of satisfaction.
D) a measure of expenditure.
C
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If the Fed were to attempt to increase the money supply, it would most likely do so
A) by manipulating the discount rate. B) by manipulating the required reserve ratio. C) by altering the amount of gold held in Fort Knox. D) by engaging in open market operations.
Over the past several decades, technological change has led to a significant amount of consolidation in the U.S. brewing industry
Indicate whether the statement is true or false
The opportunity cost of something is the nominal price paid for the product.
Answer the following statement true (T) or false (F)
When a firm issues new shares of stock
A. it lessens the relative value of its net worth. B. it does not add to its debt. C. it increases its debt load. D. it must buy back existing shares of stock in return.