The synonym economists commonly use for additional is
A) capital.
B) rational.
C) marginal.
D) economic.
C
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The simple deposit multiplier is
A) the reciprocal of the required reserve ratio. B) always 1. C) the same as the required reserve ratio. D) different from bank to bank even if the required reserve ratio is the same for all banks.
Using the SPENT factors, discuss things that might shift the supply curve for bags of roasted coffee. Give one example for each factor.
What will be an ideal response?
Which of the following situations would cause the greatest increase in labor productivity?
A. The increase in the employment rate is greater than the increase in capital. B. The employment rate remains the same and capital decreases. C. The employment rate increases and capital remains the same. D. The increase in capital is greater than the increase in the employment rate.
Hu earns $120,000 per year. He is charged a 20% tax on the first $80,000 he earns. He is charged a 30% tax for any income he earns between $80,000 and $200,000. If he were to earn an extra $5,000 this year, what would his marginal tax rate be?
a. 10% b. 20% c. 23% d. 30%