Which of the following are scarce?
a. time for recreation
b. clean air
c. information
d. all of the above
d. all of the above
Economics
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Small-denomination time deposits refer to certificates of deposit with a denomination of less than
A) $1,000. B) $10,000. C) $100,000. D) $1,000,000.
Economics
Which of the following Federal Reserve chairs had the longest tenure?
a. Alan Greenspan. b. Paul Volcker. c. Milton Friedman. d. Arthur Laffer.
Economics
When the benefit of another hour of work is greater than the opportunity cost, we would expect the worker to work:
A. another hour. B. exactly that amount. C. an hour less. D. Cannot be determined without more information.
Economics
For typical goods, supply curves are
A) downward sloping. B) upward sloping. C) horizontal. D) vertical.
Economics