The value of assets and the value of liabilities are equal for a financially healthy bank
a. True
b. False
Indicate whether the statement is true or false
False
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The European System of Central Banks signals the stance of its monetary policy by setting a target for the
A) federal funds rate. B) overnight cash rate. C) lombard rate. D) reserve rate.
In what ways can economists help auto manufacturers estimate the marginal rate of substitution between features such as vehicle interior size and acceleration?
A) Examining production cost data B) Conducting consumer surveys about willingness to pay for auto features C) Solving the standard consumer model D) Statistically analyzing historical data on purchases of different types of autos E) B and D only
Some studies show that even students who earned high grades in science classes accept disproven explanations for scientific phenomena. These disproven explanations had been acquired prior to the science classes. These studies provide some support for which of the following systematic mistakes that people make?
a. people are overconfident b. people give too much weight to a small number of vivid observations c. people are reluctant to change their minds d. All of the above are correct.
What is the marginal net benefit of producing the twentieth unit?No. units producedTotal RevenueTotal Costs000101204020200100302701704031026050330370
A. -2 B. -5 C. 2 D. 8