The Federal Reserve could target both the money supply and the interest rate at the same time if it controlled money demand along with money supply

Indicate whether the statement is true or false


TRUE

Economics

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Manufacturers of packaged foods are not required to list nutritional contents on their labels

Indicate whether the statement is true or false

Economics

Ban Consultants A firm and its supplier are going to negotiate a deal every quarter. Since the supplier's cost is $10 million per quarter and the value to the firm is $14 million per quarter, there is $4 million per quarter to split between the two

However, they can hire a negotiation consultant for a quarter for $500,000 . If neither hires the consultant, each expects to get half of the $4 million pot. If only one hires the consultant, it expects to get three-fourths of the pot minus the consultant costs. If they both hire consultants, they cancel each other out and they expect to get half the pot minus the consulting costs. They expect to repeat this process every quarter for the foreseeable future. Can they agree to ban the consultants?

Economics

Which of the following is a TRUE statement?

A. Ultimately, no recession has been due to an external shock. B. All recessions are due to external shocks. C. All recessions and all expansions are due to external shocks. D. There have been recessions that cannot be explained by external shocks.

Economics

Suppose you see a 2006 Scion xB Sport Wagon advertised in the local newspaper for $4,500. If you knew the car was reliable, you would be willing to pay $6,000 for it. If you knew the car was unreliable, you would only be willing to pay $2,500 for it

Under what circumstances should you buy the car at the asking price? What will be an ideal response?

Economics