Movies are $10 a ticket, and DVD rentals are $5 a DVD. With movies on the vertical axis, the magnitude of the slope of the budget line is
A) 1/2.
B) 2.
C) 5.
D) 10.
A
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If a union threatens to strike during a slow demand period, it is more likely to
a. Have its conditions accepted b. Have its conditions rejected c. Get laughed at d. All of the above
Mortgage loans made to borrowers with a more limited ability to repay are known as
a. subprime mortgages. b. credit default swaps. c. leveraged securities. d. mortgage backed securities.
a) Using the data from graph, calculate the firm's total profit. (b) If the firm operates at optimum efficiency, how much will its output be? (c) If the firm were a perfect competitor, how much will its price be in the long run?
A? bank's assets are
A. always greater than the? bank's liabilities. B. a measure of the? bank's net worth. C. things owned by or owed to the bank. D. things the bank owes to someone else.