The economy's two most important financial markets are
a. the investment market and the saving market.
b. the bond market and the stock market.
c. banks and the stock market.
d. financial markets and financial institutions.
b
You might also like to view...
Federal land policy of the United States was much less generous toward squatters than some of the colonial government's land policies before Independence
Indicate whether the statement is true or false
If a monopsonist offers a wage of $6, he finds that 1,200 people are willing to work for him. This means that the
a. marginal labor cost is $6 b. marginal labor cost is $200 c. total labor cost is $1,200 d. total labor cost is $7,200 e. $6 wage is too high
A binding price floor:
A. will increase total well-being. B. will cause quantity demanded to exceed quantity supplied. C. will cause quantity supplied to exceed quantity demanded. D. will set a legal maximum price in a market.
Learning by doing will result in
A) an upward sloping long-run average cost curve. B) a larger long-run marginal cost than long-run average cost. C) a rotation in the isocost curves. D) lower long-run costs than short-run costs.