In the 1950s the interest rate on three-month Treasury bills fluctuated between 1 percent and 3.5 percent; in the 1980s it fluctuated between ________ percent and ________ percent
A) 5; 15
B) 4; 11.5
C) 4; 18
D) 5; 10
A
You might also like to view...
In the absence of government price supports, why is the production of wheat a good example of perfect competition?
What will be an ideal response?
A monopsony has
a. one seller. b. a single buyer. c. many sellers. d. many buyers.
The demand for dishwashers facing the AllClean Co. is given in the figure above. The firm manufactures dishwashers in two plants. MC1 and MC2 are the marginal cost curves for those two plants. How should the firm allocate total output between the two plants in order to maximize profit?
A. 20 to plant 1, 50 to plant 2 B. 10 to plant 1, 40 to plant 2 C. 20 to plant 1, 60 to plant 2 D. 20 to plant 1, 30 to plant 2 E. 40 to plant 1, 40 to plant 2
Refer to the above figure. The curve reflects
A) the law of diminishing marginal product in labor. B) the law of diminishing marginal product in capital. C) the law of increasing marginal product in labor. D) the law of increasing marginal product in capital.