Cisco is considering opening a financial institution that accepts savings deposits from only its employees and makes loans to only its employees. The best description of this financial institution is that it is a
A) credit union.
B) savings and loan association.
C) federal government chartered credit bank.
D) commercial bank.
E) savings bank.
A
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If an economy is producing a combination of goods inside its production possibilities curve, it may mean that the nation
a. is overproducing. b. is maximizing its production. c. is under utilizing its resources. d. has no room to grow.
New England possessed a comparative advantage in producing cotton. Producers in this region produced cotton at the lowest possible opportunity cost in colonial America
Indicate whether the statement is true or false
Curly is offered the following gamble: a 25 percent chance of winning $1,500 and a 75 percent chance of losing $500. This is a(n):
A. fair gamble. B. unfair gamble. C. better-than-fair gamble. D. almost-fair gamble.
Refer to the following computer output from estimating the parameters of the nonlinear modelY = aRbScTdThe computer output from the regression analysis is: 
Based on the info above, if S increases by 8% (all other things constant), Y will
A. decrease by 4.4%. B. increase by 0.44%. C. decrease by 3.52%. D. decrease by 0.44%.