The lower the discount rate relative to the federal funds rate, the more likely a commercial bank will borrow from

A) another commercial bank instead of the Fed.
B) the Fed instead of another commercial bank.
C) the U.S. Treasury instead of either the Fed or another commercial bank.
D) the public.


B

Economics

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The longer the time frame of analysis, the easier it is to make adjustments in production by switching production methods and/or building or closing down production facilities

a. True b. False Indicate whether the statement is true or false

Economics

Suppose labor and capital are the only two resources used for production. In the short run:

a. only capital can move freely between sectors. b. only labor can move freely between sectors. c. both capital and labor can move freely between sectors. d. both resources are restricted in their movement

Economics

A graph shows pricing and demand data compiled from the purchasing departments of more than 100 companies. This graph most likely shows a(n) ______.

a. market demand schedule b. individual demand schedule c. market demand curve d. individual demand curve

Economics

Refer to the budget line shown in the diagram. The absolute value of the slope of the budget line is:



A. MU C /MU D .
B. one-half.
C. P D /P C .
D. P C /P D

Economics