Which of the following types of unions did the CIO promote?
A) craft unions
B) public sector unions
C) industrial unions
D) military unions
Answer: C
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Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is $36, the efficient quantity of satellites is
A) 1. B) 2. C) 3. D) 4.
Nancy is considering forming a 5 year business partnership with Claudia. Nancy believes her portion of the partnership will generate the following profits:
Year Profits Present Value 1 $2,000 2 $4,000 3 $12,000 4 $15,000 5 $18,000 Nancy's appropriate discount rate is 6%. To join the partnership, Nancy needs to invest $30,000. Does the partnership offer a rate of return in excess of 6%?
For a monopolist, marginal revenue is lower than price
a. True. b. False.
The interest rate that a commercial bank pays when it borrows from the Fed is the __________ rate
A) discount B) exchange C) federal D) bank