Which of the following is not a political jurisdiction?
A. Cook County
B. Alabama
C. New York City
D. California research triangle
D. California research triangle
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When a rent ceiling below the equilibrium rent is put in place, the outcome is
A) efficient because marginal benefit equals marginal cost. B) inefficient because marginal benefit equals marginal cost. C) inefficient because marginal benefit is greater than marginal cost. D) inefficient because marginal benefit is less than marginal cost. E) efficient because marginal benefit is greater than marginal cost.
Which of the following is necessary in order for a firm to successfully practice price discrimination?
A) The firm must practice product differentiation. B) The firm's transactions costs must be zero. C) The firm must be able to segment the market for the product. D) The demand for the firm's product is inelastic.
Which of the following statements about the Depository Institutions Deregulation and Monetary Control Act of 1980 is NOT correct?
A) It required all banks to maintain reserve deposits with the Fed. B) It gave member and nonmember banks equivalent access to discount loans. C) It halted the decline in Fed membership. D) It eliminated restrictions on interstate banking for member banks.
TANF stands for _____
a. Temporary Aid to Needy Families b. Temporary Assistance to Needy Families c. Transitory Aid to Needy Families d. Transitory Assistance to Needy Families