The tangent at point A on a curve has a positive slope. Therefore, the curve has a
A. positive slope at all points.
B. positive slope at point A.
C. negative slope at all points.
D. negative slope at point A.
Answer: B
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When investors use borrowed funds to pay for investments, it's called:
A. leveraging. B. tulip mania. C. hedging. D. herding.
To obtain a discount loan from the Fed, a commercial bank must:
A. provide collateral. B. agree to more frequent examinations. C. prove that the loan will be used to make loans. D. prove that it will fail if it does not obtain the loan.
The problems of aggregate inflation and unemployment are:
A. major topics of macroeconomics. B. not relevant to the U.S. economy. C. major topics of microeconomics. D. peculiar to command economies.
Refer to the data provided in Table 10.1 below to answer the following question(s).
Table 10.1 
Refer to Table 10.1. The maximum payment to labor per day that this profit-maximizing T-shirt manufacturer would be willing to pay to hire three workers per day is
A. $15. B. $75. C. $125. D. $200.