Economic analysis indicates that environmental quality
a. is something that people value, and therefore are willing to pay for.
b. should always be regulated by the government.
c. is something people should be forced to pay for no matter what their income levels.
d. is not important to most people.
A
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Offshore banking can take place at which institution?
A) agency office only B) subsidiary bank only C) foreign bank only D) subsidiary bank and foreign bank E) agency office, subsidiary bank, and foreign bank
The optimal mark-up is: m = -1/ (E+1). When the mark-up on cookware equals 50%, then demand elasticity (E) for cookware is:
a. -1 b. -1.5 c. -2 d. -3
The persistence of budget deficits during the last several decades is not surprising because politicians will find
a. budget surpluses more attractive than budget deficits. b. tax increases more attractive than increases in government expenditures. c. budget deficits more attractive than budget surpluses. d. reductions in government expenditures more attractive than tax reductions.
Members of the Board of Governors
A. are appointed by the U.S. president, while presidents of the regional Federal Reserve Banks are appointed by those banks' boards of directors. B. are appointed by the regional Federal Reserve Banks' boards of directors while the presidents of the regional Federal Reserve Banks are appointed by the U.S. president. C. and the presidents of the regional Federal Reserve Banks are appointed by the U.S. president. D. and the presidents of the regional Federal Reserve Banks are appointed by the regional Federal Reserve Banks' boards of directors.