In the production function Y = A(G,P,T) F(K,R,H,N), the factors that affect the entire production process are
A) G,R,H.
B) G,P,T.
C) P,T,K.
D) KRHN.
B
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A firm has a fixed cost of $500 in its first year of operation. When the firm produces 100 units of output, its total costs are $4,500 . The marginal cost of producing the 101st unit of output is $300 . What is the total cost of producing 101 units?
a. $46.53 b. $800 c. $4,800 d. $5,300
Suppose the nominal interest rate is 6%, the tax rate on interest income is 30%, and expected inflation is 3%.(a)Calculate the expected real after-tax interest rate.(b)Calculate the expected real after-tax interest rate if the nominal interest rate falls to 4%.(c)Calculate the expected real after-tax interest rate if the tax rate increases to 50% (with the nominal interest rate at its original value of 6%).(d)Calculate the expected real after-tax interest rate if expected inflation increases to 5% (with the nominal interest rate at its original value of 6% and the tax rate at its original value of 30%).
What will be an ideal response?
The Gramm-Rudman-Hollings Act was passed by Congress in ________ and signed into law by Ronald Reagan.
A. 1978 B. 1986 C. 1992 D. 1995
Which of the following lists includes only banks' assets?
A) reserves, savings deposits, securities, and loans B) reserves, checkable deposits, securities, and loans C) reserves, securities, liquid assets, and savings deposits D) liquid assets, loans, securities, and reserves E) securities, reserves, checkable deposits, and liquid assets