If the U.S. government imposes a quota on imports of jet planes, then
a. net capital outflow rises.
b. net exports rise.
c. the exchange rate rises.
d. All of the above are correct.
c
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Which is NOT a weakness of the policy of mandatory separation of recyclables?
A) It actually pays people to use more recyclable material, and thus more material in total. B) It is costly for households in terms of time spent. C) It is costly for the government to monitor. D) Individuals may shift away from recyclable to non-recyclable materials just so they don't have to bother to separate them. E) Implementation is difficult and consumes household space.
According to the table shown, what is the market price?
This table shows the total costs for various levels of output for a firm operating in a perfectly competitive market.
A. $500
B. $150
C. $50
D. $27.50
The discount rate is the interest rate charged by:
a. major banks to their best customers. b. banks for overnight loans to other banks. c. the Fed on loans of reserves to banks. d. banks for loans of less than 24 hours.
A firm in a price-taker market
a. must take the price that is determined in the market. b. must reduce its price if it wants to sell a larger quantity. c. must be large relative to the total market. d. can exert a major influence on the market price.