One suggested method of reducing excessive risk-taking by SIFIs is to require them to hold ________ capital when credit is expanding rapidly and ________ capital when credit is contracting
A) less; more
B) more; no
C) more; less
D) less; no
C
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A Dutch auction is a(n) ________
A) sealed-bid first-price auction B) sealed-bid second-price auction C) penny auction D) open outcry auction
Why doesn't a firm price discriminate based on income levels?
A) It would be nearly impossible to conveniently confirm any individual's income level. B) It is illegal to ask someone their income levels. C) It is immoral to price discriminate based on income levels. D) They do: It is common practice for firms to price discriminate based on income.
In the short run, if a firm's total product is increasing: a. its marginal product must be increasing
b. its marginal product must be positive. c. its marginal product could be increasing or decreasing. d. both b. and c. are true.
The demand curve for a factor is that part of the MRP where marginal product is
a. rising. b. falling. c. positive. d. negative.