In which of the following cases must price always fall?
A. Demand increases and supply increases.
B. Demand decreases and supply decreases.
C. Supply increases and demand remains constant.
D. Demand decreases and supply increases.
E. Both c and d
Answer: E
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Based on information from the U.S. Census, which of the following statements is true?
a. Black women and white women with similar levels of education and experience earn similar pay. b. Blacks and whites have lower levels of educational attainment than Hispanics and Asians. c. Whites and Hispanics have higher levels of educational attainment than Asians and blacks. d. White and black college graduates earn significantly different salaries immediately after college.
Recall the Application about the Fed's response to the collapse of the investment house Bear Stearns as well as its handling of the 2008 financial crisis with respect to other financial institutions to answer the following question(s). According to the Application, in response to the financial crisis, the Fed implemented a new policy in which it began to pay interest on deposits held at the Fed. This move would ________ deposits held at the Fed and ________ the Fed's ability to make loans.
A. decrease; decrease B. decrease; increase C. increase; decrease D. increase; increase
Under which conditions might diseconomies of scale result?
A. hampered coordination brought about by bureaucracy B. decreasing costs of inputs C. increasing output prices D. usage of a large amount of indivisible inputs by the firm
A bank usually treats the moral hazard problem by using all of the following, except:
A. requiring collateral. B. restrictive covenants. C. not making loans. D. requiring down payments.