If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then the firm's Lerner Index equals
A) 58/16.
B) 16/42.
C) 58/42.
D) 42/58.
D
Economics
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In 2012, which of the following countries had negative net export spending in GDP?
A) Germany B) Hong Kong C) the United States D) China
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Which of the three central concepts in macroeconomics is cited in the textbook as being linked to crime, mental illness, and suicide?
A) the inflation rate B) the unemployment rate C) productivity growth D) None of the above is cited as being linked to these events.
Economics
Figure 11-1
?
In Figure 11-1, a technological breakdown in calculator production would cause which movement?
A. B to E B. B to C C. B to D D. A to D
Economics
A bank's reserve ratio is 5 percent and the bank has $2,280 in reserve. Its deposits amount to
a. $114. b. $2,166. c. $2,400. d. $45,600.
Economics