Airlines are __________ than they were before deregulation

a. more dangerous
b. more concentrated
c. higher priced
d. flying fewer miles
e. much more profitable


B

Economics

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The income elasticity of demand is ________ for a normal good and ________ for an inferior good

A) positive; positive B) positive; negative C) negative; positive D) negative; negative

Economics

The teal book is the Fed research document containing

A) the forecast of national economic variables for the next three years. B) forecasts of the money aggregates conditional on different monetary policy stances. C) information on the state of the economy in each Federal Reserve district. D) both A and B. E) A, B and C.

Economics

Assume the current price investors are willing to pay on a $1,000 face value one-year Treasury bill is $980.39, and investors expect that they will be willing to pay $961.54 on a $1,000 face value one-year Treasury bill one year from now

According to the expectations hypothesis, the current interest rate (per year) on a $1,000 face value two-year Treasury bill should be A) 3%. B) 4%. C) 5%. D) 6%.

Economics

Which of the following is the correct formula to calculate productivity?

a. Output + quantity of input b. Output ? quantity of input c. Quantity of input ÷ output d. Output ÷ quantity of input e. Output × quantity of input

Economics