Laqueta buys a new GPS device for her car for $135 . She receives consumer surplus of $25 on her purchase if her willingness to pay is
a. $25.
b. $110.
c. $135.
d. $160.
D
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What are the main factors that determine aggregate money demand?
What will be an ideal response?
The proposed Basel II capital adequacy rules
A) address the incentive banks have to switch from riskier to safer assets. B) avoid the use of statistical rules by relying mostly on "common sense." C) use highly theoretical measures of risk. D) will likely be adopted initially to a handful of large banks with significant international exposure.
If a hydel power plant expects the interest rate to rise in near future, it might resort to installation of more turbines and dynamos in its firm in the present period
a. True b. False Indicate whether the statement is true or false
Incentive problems are usually
A. smaller when the decision rights are placed lower in the organization. B. large regardless of where the decision rights are placed. C. larger when the decision rights are placed higher in the organization. D. larger when the decision rights are placed lower in the organization.