There are about (write number) ______ commercial banks operating in the United States.
Fill in the blank(s) with the appropriate word(s).
8,000
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In the above figure, of the quantities listed below, for which is the total deadweight loss the largest?
A) 0 units B) 10 units C) 20 units D) 30 units
At the point where total utility is at its peak, marginal utility is:
a. zero. b. positive. c. negative. d. positive, but declining. e. positive, but increasing.
A tariff differs from a quota in that a tariff is:
a. levied on imports, whereas a quota is imposed on exports. b. levied on exports, whereas a quota is imposed on imports. c. a tax levied on exports, whereas a quota is a limit on the number of units of a good that can be exported. d. a tax imposed on imports, whereas a quota is an absolute limit to the number of units of a good that can be imported.
The Fed's purchases and sales of government securities are called: a. margin operations
b. open market operations. c. small-dealer transactions. d. intermediary transactions.