The Monetary Control Act of 1980:
a. required banks to make home loans.
b. eliminated many forms of competition among financial institutions.
c. created sharper distinctions among various financial institutions.
d. none of these.
d
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A primary problem for Brazil from 1980 to 1995 was inflation
Indicate whether the statement is true or false
The above figure shows the payoff to two airlines, A and B, of serving a particular route. If the two airlines must decide simultaneously, how many Nash equilibria are there?
A) 0 B) 1 C) 2 D) It cannot be determined.
A firm that wants to maximize profits should hire each input to the point where
A) its marginal revenue product divided by the price of the input equals one. B) its marginal revenue product divided by its marginal physical product equals the wage. C) its marginal revenue product divided by the product price equals one. D) its marginal physical product divided by the price of the input equals the product price.
Refer to the figure below. At a price of $9, there will be:
A. an excess supply of 5 units. B. an excess demand of 1 unit. C. an excess demand of 5 units. D. an excess supply of 6 units.