Depositors have a strong incentive to show up first to withdraw their funds during a bank crisis because banks operate on a
A) last-in, first-out constraint.
B) sequential service constraint.
C) double-coincidence of wants constraint.
D) everyone-shares-equally constraint.
B
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Use the following table to answer the question below.Alexandra's Production Possibilities ScheduleNatalia's Production Possibilities ScheduleNumber of Scarfs Knitted per dayNumber of Sweaters Knitted per dayNumber of Scarfs Knitted per hourNumber of Sweaters Knitted per hour040433236242916112080If Alexandra were to export a good, which one(s) would she export?
A. Sweaters B. Scarves C. Both sweaters and scarves D. Neither sweaters nor scarves
Subjective probabilities are based on ________ and ________ data.
A) best estimates; not on B) relative frequencies; not on C) relative frequencies; on D) best estimates; on
If real salaries increase but nominal salaries do not, this means that:
A. the purchasing power of money has decreased. B. prices have not changed. C. prices have risen. D. prices have fallen.
An increase in the price level cause aggregate demand to increase.
Answer the following statement true (T) or false (F)