Based on Table 9.1, the statistical discrepancy is
A) +100.
B) +200.
C) 0.
D) -100.
E) -200.
D
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When the representative firm maximizes profits,
A) it sells as much as possible. B) the wage equals average labor productivity. C) the wage equals marginal labor productivity. D) business taxes must be zero.
The major assets and liabilities of a bank are:
a. checkable deposits and total reserves, respectively. b. checkable deposits and gold, respectively. c. total reserves and checkable deposits, respectively. d. total reserves and excess reserves, respectively. e. checkable deposits and excess reserves, respectively.
Standardized tests do not receive universal acceptance as being helpful in making schools more accountable. Discuss why.
What will be an ideal response?
Refer to the information provided in Figure 34.1 below to answer the question(s) that follow.
Figure 34.1Refer to Figure 34.1. If the economy is open and the government increases spending by 25, the new equilibrium output is
A. 100. B. 118.75. C. 125. D. 137.50.